Hedge Fund Manager Having Bad Case of Déjà vu

Andy Redleaf, CEO of Whitebox Advisors, sent an internal memo last Sunday expressing worry that he sees signs of another crash on the offing, similar to that of 2007. The memo, which was obtained by CNBC.com, quotes Redleaf as saying: “I think it is a truly scary time.” Whitebox manages $4.2 billion in assets. Specifically, …