Cassiani, Matteo; Spigarelli, Francesca - Dipartimento di Studi Sullo Sviluppo Economico (DISSE), … - 2009
Hedge Funds are extensively cited as the main actors responsible for the financial crisis erupted in the latest decades. Their natural characteristic for secrecy and their fame for high propensity towards risks, together with the ample use of leverage, help to explain why these operators are...