Gunslingers No More: The Cautious Cash In

"HEDGE fund managers once had nerves of steel. In the 1980's and 1990's, men like George Soros, Julian H. Robertson Jr. and Michael H. Steinhardt made huge, daring bets on foreign currencies and on interest rate spreads. Secretive, and unsupervised by the Securities and Exchange Commission, hedge fund managers were figures of awe. In the words of a 1994 Business Week article, they were a 'widely feared Wall Street subculture.' "

[New York Times]