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To: spectre

The hedge funds have just about taken over the stock market - small traders and investors are at the mercy of those gunslingers who act as a group to stop the little guy out of trades. The universe would be well served if they all went under. It will be interesting to see how these sharpshooters will react to redemptions (many have already postponed them) and how many have been involved in fraud.


59 posted on 12/16/2008 6:00:53 AM PST by GretchenB
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To: GretchenB
I agree.

Rules for investing in Hedge Funds were put in place so that if a wealthy person lost the entire investment, they wouldn't be financially ruined.

The gov't has no business bailing any one person out of this. That's implying the very rich are different than the people who have seen their 401k's diminish by more than half. It's all relative.

No one is bailing ME out...and I don't expect them to.

sw

63 posted on 12/16/2008 6:53:37 AM PST by spectre (Spectre's wife (Pay it forward this Christmas)
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