The New York Times is reporting that one of the major hedge funds, Diamondback Capital Management is experiencing a mass exodus of investors. Diamondback is one of four hedge funds raided last November for accusations of insider trading. The raid trigged a bank rush and investors have initiated the process to remove their funds, over $1 Billion in total funds so far. The other funds raided are feeling similar heat. To read more about it see the New York Times.