To avoid the fraud.
Hedge fund investing. Is it that riskly?
2006-06-22 03:20:49 · 4 answers · asked by Jai 1 in Business & Finance ➔ Investing
The could have had a board of directors who were smart enough and ethical enough to not just rubber stamp everything Lay & Skilling did. Too bad the shareholders were duped into believing everything was great. Too bad the whistlebloweres didn;t sound off before all those people lost their lifesavings.
2006-06-22 03:23:56 · answer #1 · answered by JeffyB 7 · 0⤊ 0⤋
Tell the truth, for starters.
As far as hedge funds, the risk is in the lack of regulation on how the funds work. Their is little regulation on them compared to mutual funds, etc.
2006-06-22 08:18:19 · answer #2 · answered by man_about_the_net 3 · 0⤊ 0⤋
Live and work by the Golden Rule.
2006-07-05 00:35:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Maybe they could have hired some people who weren't lying, cheating, crooks.
2006-06-22 03:22:22 · answer #4 · answered by joe 5 · 0⤊ 0⤋