Does the Hedge Fund industry benefit society?

Does the Hedge Fund industry benefit society? by Don Steinbrugg, CFA 

It is no secret that the hedge fund industry is viewed negatively by a large portion of the general public, but should it be?  Such a perception is driven primarily by the fact that most hedge funds are not permitted to market themselves to the general public, and because the mainstream media has a negative bias toward their coverage of the industry. The average person is inundated with negative articles creating the image that:  1.) Most hedge fund managers are dishonest and frequently commit fraud or violate insider trading laws. 2.)...