Live

Watch CBSN Live

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.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.