2011 should have been the perfect year for hedge funds to thrive. What happened?
Gas prices are up, and it's already prompted Republicans to pass a bill to expand offshore drilling and and force the White House to issue a permit for the Keystone XL pipeline. But the hike in gas prices won't be as steep, or lasting, as some think.
Robert Harris, the author of 'The Ghost,' discusses his new financial page-turner "The Fear Index" and his predilection for writing about ancient Rome.
The hedge fund industry may be just as overbuilt as the credit and housing markets were.
Mitt Romney's holdings in the Cayman Islands have generated lots of interest in investment funds that are managed from the U.S. but incorporated in foreign jurisdictions. The real winners in these arrangements are U.S. tax-exempt entities, not Mitt Romney and the investors themselves.