Hedge funds are a huge part of the problem and props to the current head of the SEC for speaking out and saying they should be more closely regulated.
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May 3rd, 2009 · 4 Comments
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4 responses so far ↓
1 tehehehe // May 4, 2009 at 8:08 am
Hedge funds should have closer scrutiny. They should also have only limited membership, not “sub-memberships” (selling of “partioals” like they did with loan derivitives). If the “members” are restricted to the “rich”, then they are the ones who will lose (or win).
That said, Biden’s son works for a hedge fund, as does Chelsea Clinton.
2 tehehehe // May 4, 2009 at 9:11 am
Even if we move to regulate Hedge Funds, we should try to avoid this type of action:
http://hotair.com/archives/2009/05/02/obama-uses-wh-press-corps-as-threat-against-chrysler-investors/
3 tehehehe // May 4, 2009 at 9:20 am
Speaking of regulations and courts and the like, here is another huge item that the Obama Administration is apparently going to take the initiative on in order to deal with anothe rmajor group of shady characters:
http://www.nytimes.com/2009/05/02/us/politics/02gitmo.html?_r=3&hp
Hope and change. Are we all grlad that Bush isn’t in office any more?
4 Adrian Rodrigues // Dec 17, 2009 at 3:02 pm
USA major NEWS.
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