White House ponders -- Are some hedge funds too big to fail?
April 07, 2009 at 16:27 PM EDT
When the $9.2 billion Connecticut hedge fund Amaranth Advisors collapsed in 2006, securities attorneys jumped all over each other to express gleefully how the markets absorbed such a mega-fund failure, but no policymakers aren't so sure the volatile markets of 2009 could handle another mega-hedge fund collapse.