Friday, June 18, 2010


Let the hedge funds run the risks

... Indeed, as Mallaby argues, it should be considered progress, not a problem, if regulatory reform forces some of the riskier financial activities out of big banks that are considered too big to fail, and into smaller hedge funds that pose little risk to the financial system. If bankers want to lead the exciting hedge-fund life, earning hedge-fund-like profits and bonuses, let them go work for a hedge fund.

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