George Soros warns 'hedge funds will be decimated' - Times Online: "Hedge funds will be decimated by the global financial meltdown and the crisis will wipe out as much as three quarters of the money they manage, George Soros, the billionaire investor, predicted in Washington yesterday."
-----------
Soros has been about six months ahead of the curve so far, and I won't be surprised if he turns out to be right about the hedge funds.