There’s a wonderful essay on the state of the hedge fund industry in the London Review of Books (of all places).
Hat tip to Long Room-er
‘He’s in a Regus office.’ (Regus rents office space in its business centres on a short-term basis.) My informant was emphatic that I wasn’t to name the unfortunate man: the fact that his fund could no longer pay rent at Mayfair levels would be seen as too damning._____