Bloomberg Businessweek: Hedge Funds Hit in Market Rout (Audio)

Arie Shapira, Bloomberg News Managing Editor of Equities, discusses how much popular hedge fund stocks have been hit by the market selloff. Molly Smith, Bloomberg News Finance Reporter, talks about an acquisition binge that has left an unprecedented number of major corporations just a rung or two from junk credit ratings. Jon Stein, CEO at Betterment, talks about using technology to reshape financial services. And we Drive to the Close of the market with Barry James, President and Portfolio Manager of James Advantage Funds. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan

producer: Paul Brennan +1-212-617-8292 or pbrennan25@bloomberg.net

Running time 24:45

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