Are you a hedge fund that’s made it a habit of doing right by your clients? Just barely justifying your fees? Doing your job? SEC director of enforcement Robert Khuzami is on to you. He knows the only way anyone could beat the market by 3 percent (or what he calls “aberrational performance”) is by being a genetic freak or criminal. So everybody just sit there with your hands in the air. You’re all suspect. Continue reading »
watching you
Securities And Exchange Commission Announces Plans To Keep Close Tabs On Any Moderately Successful Hedge Funds
By Bess Levin
The rich are lying to you about their cash money. Continue reading »
In the UK, record their cell phone calls. In Germany, treat them like the terrorists they are. By tailing their cars, and going through their trash.
Germany’s Finance Minister Wolfgang Schaeuble told the Bundestag on March 16 that the country may have to consider ordering “intelligence agencies to set up surveillance of who is getting together with whom for which kinds of speculative processes, and where” to protect the euro.
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