Billionaire Hedge Fund Manager Ken Griffin Has A Theory For Why QE Isn't Working

Ken Griffin, the head of the Chicago-based hedge fund Citadel, is not at all pleased with Ben Bernanke. After a morning of panels at the Milken Institute Global Conference, what stands out to me most is Griffin's take on the Fed's current policies. There's a lot of worry that the central bank's actions could be inflating asset bubbles. But that's not what has Griffin worried. Instead, he fears that the zero interest rate target and quantitative easing may be backfiring, causing businesses to red...