We know here in this cloistered environment that shorts, hedgies, MM's and near guru's can do no wrong. I'm surprised at your response <gggg>.
Yes, and there have been bad actors in mutual funds (remember the "late trading" scandal) and individual corporations, too. Is one group really all that much worse than another?
I have no problem with the need for entities such as hedge funds. I just believe they have grown so large and powerful, and have been involved with manipulation, largely hidden.
As I've posted, I'd like to see them regulated, but not just a paper pushing regulation that hurts their admitted or supposed efficiency.
Gee, Kevin, I could say the same thing about you. Always trying to put words in my mouth. I specifically posted that not ALL hedgies were crooks, and probably not even most. Also, aren't you one of the "every OTC BB's are scams" crowd?
<Reagan>There you go again.</Reagan> Every time I dissent from one of your broad-brush generalizations that something must be wrong with "hedge funds" in general (rather than specific bad actors), you attribute the exact opposite over-generalization to me.
Getting back to Byrne, with whom you seem a bit obsessed, let me try to say it again for you. I welcome him here because it will put light on the issues. Hedge funds and MM's seem to want the darkness. They don't want regulation. They don't want exposure. You, as an apparent spokesman, seem to agree. I welcome anything that will shed light, including a rather boisterous, colorful CEO of a 5 billion dollar company, who is willing to use his personal or corporate assets to get exposure for these issues.
Again, I'm not speaking as a shareholder, specifically NOT as a shareholder. Get it?
The details of investment agreements between private individuals, on the other hand, seem to bother you no end.
Only when it involves manipulation. Are you afraid of investigations and/or court discovery and the road to which it might lead? (Note - I'm not asking this to you in a personal way as I have no idea what your connection is, but the question is to you as an apparent spokesman for hedgies.) |
