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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (24948)11/27/2009 1:38:45 PM
From: ggersh  Read Replies (1) | Respond to of 71452
 
"The Alternative Investment Management Association, which represents hedge funds worldwide, says the industry operates very differently from other parts of the financial market and should not follow the same rules.

In particular, the association opposes leverage limits -- similar to capital requirements that oblige banks to put aside a minimum of capital to counter the risk of the loans they are making. Setting such caps is "overly simplistic," it said, and could worsen a tumbling market by forcing funds to sell off investments to replenish eroding capital."

Capital of nothing!

I find this bit rather telling, no one wants any oversight.

Remind me what the word HEDGE means. <ng>