Hedge Fund Manager Says 'Regulate Me!'
Sure, Geithner and Barney Frank are idiots, and regulators are by nature "slow moving," but one hedge funder, who works at an "already registered" fund, says it would be a mistake to fight inevitable regulations, arguing that regulators can't stop top talent from making huge money, and hedge funds don't have anything to hide anyway.
Look, it's not hedge funds' fault that the global economy collapsed. It's the fault of investment banks posing as hedge funds, like Goldman Sachs, which is really just another branch of the United States Treasury Department anyway. Unlike real hedge funds, who make everybody rich, these "fund-to-fund" scoundrels "took so much fat off the bone that the cow started to limp." Thain handed out bonuses early to his buddies. Greenberg got out at the right time. Bush abolished the uptick rule and the Glass-Steagall Act. But now it's hedge funds who are getting chased by hysterical, misinformed politicians who are acting like a "vigilante group outside of Sheriff's door."
Yet, there's no reason to avoid regulations. There may be some more costs involved, and regulators will probably get hedge funds confused with private equity firms. Hey, it's gonna happen. Look, rules are a good thing. Detroit didn't want seat belts, either. You think regulations, like putting limits on the percentage of stocks you can short, will foil the Madoffs of the world? Please! Madoff was handed to the government years ago and they looked the other way. Besides, every senator seeking reelection embarks on a "hedge fund circuit." You think they're going to screw that up?
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It's one of the most consistent patterns in the unviverse. What causes it?
- Spinning discs are everywhere – just look at our solar system, the rings of Saturn, and all the spiral galaxies in the universe.
- Spinning discs are the result of two things: The force of gravity and a phenomenon in physics called the conservation of angular momentum.
- Gravity brings matter together; the closer the matter gets, the more it accelerates – much like an ice skater who spins faster and faster the closer their arms get to their body. Then, this spinning cloud collapses due to up and down and diagonal collisions that cancel each other out until the only motion they have in common is the spin – and voila: A flat disc.
Both panoramic and detailed, this infographic manages to show both the size and distribution of world religions.
- At a glance, this map shows both the size and distribution of world religions.
- See how religions mix at both national and regional level.
- There's one country in the Americas without a Christian majority – which?
Do you have a magnetic compass in your head?
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