It sounds like you have a bad case of class envy.
It is not class envy, hedge funds are played by people with serious money to risk. What galls me is that they know the risk when they put their money in, and when the fund goes bust they are screaming for government bailout and going to court suing the funds. Their complaints would be legit if the funds deliberately did something fraudulent or illegal. Most of the panic you see in the media reports are caused by these rich risk takers who turn out to be sore losers and trying to use their contacts in the media to create panic and ultimately pressure on the government to bail them out.