When things fall apart, human nature sets us looking for something to blame. The more widespread the havoc, the more adamantly we search. But a study by a trio of researchers indicates that one potential scapegoat can be declared innocent: The recent global financial meltdown was not the fault of hedge funds.
[This article has been reproduced with permission from research from the UNC Kenan-Flagler Business School: http://www.kenan-flagler.unc.edu/]