financial meltdown

Guarding the Gates to Hell

by roxy and avahome

In mythology, Cerberus is the many headed dog that guards the gates to hell.  In modern times, Cerberus is a hedge fund group -- a many headed beast that has been devouring companies at a rapid rate. A hedge fund group with over 16 Billion in assets (as reported here) and allegedly bigger than "Cisco, Coke, Or McDonald's".

Cerberus was founded by Steven Feinberg in 1992 with just a little over 10 million dollars.  The shopping spree started in 2003, with Cerberus more than doubling its assets during a two year period.