Rumors of the Economy’s Death October 3, 2007 Dear Investor: The last quarter marked the return of risk and reminded investors of the power of volatility—a word that is somehow used to describe stocks only when they are going down. The true victims of the quarter were mortgage lenders and certainly trading hedge funds, many of whom went bust. According to Reuters, a partial list reads as follows: the Bear Stearns Funds (down more than 90%),...