Hedge funds: Get in line for some ritual bloodletting

More heat than light was generated when UK MPs interrogated hedge funds. Neil Wilson reports.

In association with Hedge Fund Intelligence

Similar to the hearings held in the US Congress late last year, the Treasury select committee in the UK House of Commons has been holding hearings recently to investigate the financial crisis – including a session on hedge funds. Such an engagement with the democratic process should provide an ideal opportunity for hedge fund industry leaders to get across some important truths – and assist lawmakers in crafting appropriate legislative responses.

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