Trends: As banks shun loans, hedge funds move in, Interview - Aladdin Capital`s CEO Aminkhan Aladin: `The hedge fund industry is at another turning point`
As banks shun loans, hedge funds move in
From NYTimes.com: Companies traditionally get loans from banks, but with so many lenders stretched and with credit so tight these days, businesses are turning to what might seem like an unlikely source for cash: hedge funds.
As banks retrench, hedge funds increasingly are offering loans to companies, usually at interest rates that are far higher than those that banks charge....
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