Hedge Funds Back In Obama's Good Graces?
Matthew Goldstein says yes, as evidenced by the fact that no cruel or unusual restrictions or regulations are placed on them in the financial regulatory reform package (early drafts stated that managers had to appear on Power Lunch and interface with Dennis Kneale at least once a week, in addition to requiring them to wear fishnets and heels while trading or, in the case of firms that would welcome such attire, banned anything deemed "chick garb"). Obviously some hedge fund leading light is responsible for getting 'Bama to change his tune post-Chrysler public tongue lashing (and Biff Basness performance art). The question is who and how?