40 Years In The Desert: Senators Levin and Grassley Move to Regulate Hedge Funds

29 January 2009

Senators Levin and Grassley Move to Regulate Hedge Funds

The Hedge Fund Transparency Act would force hedge funds to register with regulators, file annual disclosures, and cooperate with SEC investigators.

It's a start.

The most worrisome thing, Madoff not withstanding, is not how hedge funds can break the law, but how much of what they do is legal, since a lot of it appears to be market manipulation and insider trading to my untrained eye.

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Matthew Saroff, Mechanical Engineer, Owings Mills, Maryland, US

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A member of the Democratic wing of the Democratic party, and a fan of Bernie who thinks Neoliberal (DLC/New Dem) trickle down conomics sucks.

Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.

In my spare time (Hah!), I am the developer of the Firefox addon, bbCode for Web Extensions (bbCodeWebEx).

I have two cats, a black cat, and a gray and white long hair cat, who keep me on my toes. (Because he keeps attacking my feet)

I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.

What is 40 Years in the Desert?

This blog is a place to put my stream of consciousness thoughts about life, politics, technology, and cats.

It's a posting ground for my more-or-less annual personal newsletter, 40 Years in the Desert.(PDF's available at link)

I find that if I wait until year's end I miss stuff from earlier in the year.

40 Years is put out the old fashioned way, it's printed out on ledger sized paper with 4 pages and mailed to people, total circulation of about 100.

I'm just not the holiday card kind of guy. A warning, if you comment here, I may use it in my paper publication.

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If someone actually wants to pay for an issue...I don't know, I guess a buck, but you can get the PDF's free.

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40 Years In The Desert

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29 January 2009

Senators Levin and Grassley Move to Regulate Hedge Funds

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