Friday, May 1, 2009
Hedge Funds
All the hedge funds are the real problem, along with the big banks and REIT funds, for the American and world financial down fall. It seems like it, most of them have made their profits and skipped the other profitalbe ventures or parked the funds in other unknown global entities and left the people with the most baggages. Most of the hedge funds still want the taxpayers to subsidize their losses.
It is time for the Congress to start regulating all the hedge funds and make every effort to disclose all the names behind the hedge funds. Part of the financial industry left unregulated is a huge mistake and should not be allowed under any circumstances.
It is time for the Congress to start regulating all the hedge funds and make every effort to disclose all the names behind the hedge funds. Part of the financial industry left unregulated is a huge mistake and should not be allowed under any circumstances.
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