How a Goldman hedge fund shrank a third in a week http://www.reuters.com/article/reutersEdge/idUSN1434596720070814?sp=true
Tue Aug 14, 2007
By Jonathan Keehner - Analysis
NEW YORK (Reuters) - The strategy of using debt like a steroid to boost returns on investments came back to haunt some hedge funds in a big way last week.
That was made clear to investors on Monday when the Goldman Sachs Group (GS.N: Quote, Profile, Research) said two of its hedge funds had sustained losses of about 30 percent. http://www.reuters.com/article/reutersEdge/idUSN1434596720070814?sp=true