A 'Must-Bookmark' Website
It's called the "hedge fund implode-o-meter" and it can be found at http://hf-implode.com/.
As the name implies, it is a running total of imploding hedge funds -- eleven since mid-2007 -- with links to pertinent article. It's a companion of sorts to a similar website run by the same people, the Mortgage Lender Implode-O-meter.
Both sites are similar. Just the facts; no agenda that I can detect from a skim of the sites. Don't know much about the two gents who've erected them, but their hearts seem to be in the right place, and they are certainly performing a public service.
In fact, you know they're performing a public service because the Mortgage Lender Impode-O-Meter has spawned a junk lawsuit of its very own!
© 2007 Gary Weiss. All rights reserved.
Wall Street Versus America was published by Penguin USA on April 6.
Click here for its Amazon.com listing and here for more information on the book, from my web site, gary-weiss.com.