Fire, ice but not everything nice for hedge funds
Feb 3rd, 2010 | Filed under: Hedge Fund Regulation, Today's Post
If 2008 was characterized by meltdown and 2009 was characterized by thaw, 2010 will be noted as the year hell finally froze over, at least when it comes to hedge fund and investment banking oversight.
For years, hedge funds have been threatened with tighter borrowing and lending practices, more scrutiny and less flexibility to hide behind the veil of being a private investment for the accredited. The gauntlet never quite came down, thanks to Goldstein, Madoff and a global financial crisis, allowing hedge funds to continue doing what they have always done. More…
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