Bloomberg Hedge Fund Summit 2012 now turns to the European panel, speakers include, Clint D. Carlson, Founder and CIO, Carlson Capital, L.P. Stuart Fiertz, Co-Founder, President and Director of Research, Cheyne Capital Management (UK) LLP, and Hans Humes, Chairman and CEO, Greylock Capital Management, LLC. 9:56AM: In 2010, European leaders were in complete denial, such as statements like Greece will not default. However, now politicians are catching up with reality. Despite the rhetoric from Merkel, Schubale and others, there is much going on behind the scenes. 9:57: Most macro hedge funds missed the Euro trade, most people in the financial world try to…