A smattering of opinions on technology, books, business, and culture. Now in its 4th technology iteration.
27 March 2009
“That would drive managers out of the United States.” via Treasury Maps New Era of Regulation - WSJ.com.
So just wondering, why would driving hedge funds out of business in this country be a bad thing? How many inventions have they funded, how many jobs created? What is the biggest success story for the country to come out of a hedge fund? I know that individuals have certainly had some huge positive economic outcomes, but what has been the big positive outcome for the country? I may be completely ignorant about the big positive success stories, I need to learn.