http://www.ft.com/cms/s/0/0f8c0216-b193-11dd-b97a-0000779fd18c.html Just goes to show that everyone talks their book..... Size of market happens to matter in relation to positions taken..... This part seems to be missing..... Again....another reason for a new world wide exchange...that anyone anywhere can logon.... For that matter ....both mutual funds and hedge funds should trade as shares......They are just management units......and this would help solve a whole host of issues that simply game the system....
The G20 did not mention the reason oil and commodities prices have moved as they have..... It certainly was not normal supply demand.... The G20....Subprime Only Meeting ? Hedge funds and private equity firms got an apparent exemption from tough new controls, with the G20 saying they should use voluntary best practices though at a faster pace. .................................................................... Bottom line.... The people who sat down at the G20 are not qualified to seek solutions.....
Kenneth Griffin of Citadel went further, saying he did not believe greater regulation of hedge funds was required and that the major failures had occurred in regulated institutions. âWe have not seen hedge funds as a focal point of carnage.â ---------------------- Good point! Beats the heck out of supporting more regulation. Round two. Soro's said it's the system. Round three. hmnnn, what to do? Raise taxes and add regulation. (sarcasm) The sooner the uncertainty is gone the sooner we begin the new game.