Nice job. There might be a case or two, here or there, where a couple of hedge funds have been accused in colluding on stock price manipulation, and you may have glossed over some of the risk and the leveraging and maybe even how the incentive structure could encourage the occasional blowout risk, but a good basic overview.
Well it’s just a couple of pages ... I glossed over all kinds of things... but I’ll be happy to speak to any other issues raised.