U.S. Hedge Funds Demand Bank of England Free $65B in Frozen Lehman Assets
US hedge funds have called on the Bank of England to free up some £38bn in Lehman Brothers Holdings assets -- or face disaster for UK plc.
But can they reasonably complain of regulatory scapegoating? Or are their current difficulties simply proof that the market's working as it should -- even if it's going against them? Here are some varying views on whether financial sector regulation's gone far enough -- or too far:
- "Hedge funds are more like cockroaches. They get a bad press but are very hard to kill."
- "It was the failures of
London - Is deregulation to blame for the financial sector's current problems?
- "It is unnecessary to 'punish' hedge funds because they are already suffering enough."