Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Wednesday, March 22, 2006
US Senate to Hold Hearings on the Hedge Fund Industry
US Senate sub committee will hold hearings into the impact of the Hedge Funds onto the capital markets. Is this a political shake down to induce lobbying and campaign contributions or will there be some form of improvement within the capital markets. The hearings will probably only last for a few hours. Can the Hedge Fund impact be figured out that quickly?