For some time, Robert Sloan and S3 Partners, which works on an advisory basis for hedge fund clients on their interactions with prime brokers, financing counterparties, funding programs and other financing, has been warning clients about the importance of monitoring the risk associated with their counterparties. In the months leading up to this weekend they have also counseled the funds they work with to move $25 billion out of Bear Stearns accounts. In a white paper released just last week Robert Sloan further cautioned “Hedge fund managers should pay close attention to the collateral rights and obligations that they have with their financing counterparts… we believe that prudent hedge fund managers should put a robust process in place to address counterparty credit issues.”

This track record is too excellent to ignore. I would suggest you take a look at whats going on with Robert Sloan and S3 partners; It might save and or make you a lot of money.