Gehrman-Driscol Fund
U.S. Hedge Fund Management and Market InstabilityDescription
Gehrman-Driscol Fund operates as the largest U.S. hedge fund. It announces bankruptcy filing before market open, causing a 685-point Dow plunge—the largest point drop ever—and broadcasts via TV to White House staff like Bartlet, Sam, Charlie, and Mr. Keith. Prior filings reached C.J. as urgent news during Bartlet's naval base visit, blending finance shocks with campaign briefings.