The Regulators Are Whistling A New Tune…
This just in – hedge funds are important liquidity providers… The Financial Stability OversightCouncil wrote in a draft report that without hedge funds in the market, well the markets might freeze. It seems that these folks figured out that hedge funds provide liquidity when other market participants sit on the sidelines. According to Bloomberg News, […]
Who Cares about Madoff?
This just in – Bernie Madoffknew who what when during his thievery. Yawn. The last few days the media have been having a field day covering Madoff’s revelations as told to The New York Times reporter Diana Henriques. Her story, which consisted of material from an interview and email exchange with the master manipulator for […]