Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
"The funds are not required to disclose detailed data about the size of their bets"
"Long before the turmoil this spring, the Financial Stability Oversight Council, established by Dodd-Frank, had repeatedly identified hedge fund leverage as a risk."
“These strategies we thought we saw seemed an awful lot like the Long-Term Capital Management strategies"
"Early in 2017, Mr. Mnuchin, a former hedge fund manager, assumed control of the Financial Stability Oversight Council and the hedge fund working group was deactivated."
Mnuchin = criminal slug, just like everyone else in this "administration." I did enjoy watching Fauci throw out the first pitch, though. Screw that snake named Trump.
However, his action is bringing threats to his family. Quote from article below:
Fauci said the amount of hate mail and serious threats are "not good."
"It's tough," he said. "Serious threats against me, against my wife, against my daughters. I mean, really? Is this the United States of America?" Fauci said.
Comments
"Long before the turmoil this spring, the Financial Stability Oversight Council, established by Dodd-Frank, had repeatedly identified hedge fund leverage as a risk."
“These strategies we thought we saw seemed an awful lot like the Long-Term Capital Management strategies"
"Early in 2017, Mr. Mnuchin, a former hedge fund manager, assumed control of the Financial Stability Oversight Council and the hedge fund working group was deactivated."
From "swamp" to stinking cesspool of corruption.
I saw the original.