The Hedge Fund and the Despot(businessweek.com) |
The Hedge Fund and the Despot(businessweek.com) |
Right. I'm betting for a quiet settlement, a few millions changing hands and everybody retiring to their hard-won country estate and living happily ever after.
Some very odd African mineral companies on AIM, very few I felt comfortable investing in (did turn down joining OZ a bit after too for a lower paying role elsewhere, Michael was an interesting chap).
Doubt anyone will go to jail, seen much worse than this somehow slide (from institutional asset managers as well as hedge funds)
Liberated in the same sense that Stalin liberated Eastern Europe.
The hedge fund (Och-Ziff) sounds like it was ripped from pages of a movie script. Young protege, cross-Atlantic deals with African dictators, corrupt soviet oligarchs, lavish estate in British countryside... no happy end though.
But that's assuming life imitates art. Clearly it's the opposite - as books like John Perkins' "Confessions of an Economic Hitman" seem to indicate.