Clauss, Pierre; Roncalli, Thierry; Weisang, Guillaume - In: Credit, currency or deratives : instruments of global …, (pp. 505-543). 2009
In December 2008, as the financial and economic crisis continued on its devastating course, a new scandal erupted. After the 1998s failure of Long-Term Capital Management, Madoff's fraud once again discredits the hedge funds industry. This scandal is, however, of a different kind. Indeed,...
