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5. Along with investment banks, hedge funds have figured prominently in the commentary that has been...

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Finance

5. Along with investment banks, hedge funds have figuredprominently in the commentary that has been written on the GFC.With reference to the types of strategies that hedge funds may use,outline some of the reasons why hedge funds may have attractedcriticism during and after the crisis. (LO 3.7)

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Investment Banking firms play a vital role in the development of an economy The story of the GFC started with the mortgage lenders the unfair practice of moving the mortgages off the books and while the trading firms are making profits from the mortgagebacked assets which sought the lenders to create more riskier    See Answer
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