Hedge Fund Risks May Be Bigger Than Regulators Know, Despite Dodd-Frank

Hedge Fund Risks May Be Bigger Than Regulators Know, Despite Dodd-Frank

During the financial crisis, it was the collapse of investment bank Bear Stearns' in-house hedge fund, which had binged on risky mortgage-backed securities, that first got the Federal Reserve to take a hard look at the implications of the housing bubble.

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