Street Signs Covering Hedge Funds Assets Now $2 Trillion

Stay tuned for "Street Signs" today when we cover the story of global hedge funds now controlling some $2 trillion.

The guests are Richard Blumenthal--Connecticut's Attorney General and David Friedland who is President of the Hedge Fund Association.

The $2 trillion is an increase of about 18% since April. The timing of this number is interesting with the SEC taking up the issue of whether to raise asset requirements for investing in hedge funds at a public meeting next Monday.