Wall of money drives events in Europe


By Neil Wilson

In an age when such venerable names as Sears have been taken over by hedge fund managers like Eddie Lampert, the investing public in the United States has pretty much gotten used to the idea that hedge funds are now a major factor in the life of corporate America. But this is still not yet the case in Europe, where the battle over the future of the Dutch banking group ABN Amro has been making front-page news in the Financial Times and other journals.

In Europe, and especially in such markets as Germany, there is still a