kaal:claim:2348463-003

Hedge funds' distressed and default debt investments in the United States grew dramatically over two decades, rising from roughly $70 billion in 1998 to roughly $867 billion in 2007.

Source quote, verbatim
distressed and default debt investments in the United States have increased dramatically in the last two decades (from around $70 billion in 1998 to around $867 billion in 2007).
From

Wulf A. Kaal, Hedge Funds’ Systemic Risk Disclosures in Bankruptcy (2013), INTRODUCTION, p. 2
https://ssrn.com/abstract=2348463 · source PDF

Cite as

Wulf A. Kaal, Hedge Funds’ Systemic Risk Disclosures in Bankruptcy (2013). SSRN: https://ssrn.com/abstract=2348463

Holds when
Classification

empiricalsupport: evidencedprivate-fundseconomicsempirical-evidence

Verify

The quote above is an exact substring of the source PDF, whose sha256 is b3682f24c0b277b3307fb9f54cd17a4e0a87b48eecba34b40e189212f20c9a22. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/13413ac47016dd21...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2348463-003.md | sha256sum