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Sunday, April 25, 2010

Hedge Funds

You are on the right track, so far, Mr. President, but, please, don’t forget that most of the hedge funds are the real problem, along with the big banks and REIT funds, for the world financial down fall. It seems like it, most of them have made their profits and skipped to other profitable ventures or parked the funds in the 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.

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