Joel Schectman covers corporate risk and compliance issues at The Wallstreet Journal.
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Hedge Hogs
Investors look to recoup losses from the Great Recession
Hedge funds are back. Worries about European debt crisis, war in the Middle East and the potential for rating agencies to downgrade America’s treasuries have rattled shareholders. But those fears haven’t held back investors from pouring record amounts of capital into the cowboy country of largely unregulated, nontransparent funds.