[valuearb]

Didn’t happen in that article. Fed providing liquidity wasn’t specific to hedge funds at all.

“ It remains unclear how big of a role hedge funds played in March’s meltdown — even how many and which funds were involved remains hazy. ”

[turkeytotal]

Specific or not (yes many different types of institutions can access these markets), hedge funds are known for taking highly leveraged bets with this overnight cash. There is a huge market for sponsored repo trades.

Hedge funds were most certainly a part of this problem, and were bailed out.