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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:

This post first appeared on the BNET blog Sterling Performance.
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