[Oldexpat]

Those hedge funds represent a lot of account holders and are bound by law to do their upmost to recover invested funds. They could and should be sued by investors if they fail to demand the best deal possible.
In fact..I bet that a lot of State retirement funds have money invested with them.

[org.whodat]

Correct, and since the tax payers have been paying a hundred percent on the dollar to everyone else why should they be treated different.