Michael Panzner

Michael J. Panzner is a 30-year Wall Street veteran and the author of three books, including Financial Armageddon, which predicted the 2008 global financial crisis.

Hedge Fund Investing: Still on the Upswing

It was big news on Wall Street when the California Public Employees’ Retirement System announced just over a year ago that it was planning to axe its $4 billion stake in hedge funds, saying that they were “too expensive and complex.” Calpers is...