Rules Are For The Little People

Hedge fund manager — and liberal cause financier — George Soros has announced that he will close his hedge fund to outsiders.  The reason is what matters — he is doing it to avoid the Democrats’ new financial regulations that require any hedge fund “with more than $150m under management to report details about investments, employees and investors, and makes them subject to possible inspections by the SEC.”

Of course, Soros and his pet politicians are all in favor of the regulations when applied to others.  Funny how that works.

 

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Published in: on July 26, 2011 at 11:43 am  Leave a Comment  

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