SEC lifts ban on hedge fund ads
http://www.usatoday.com/story/money/business/2013/07/10/hedge-fund-ads/2505463/
There appeared to be a brief period where, after costing the US economy at least $22 trillion dollars and probably no less than twice that in the global economy, where some regulation would be put back into the system. However, we are now back to more than business as usual, letting hedge funds advertise to the even more credulous lottery playing sheeple will be sure to increase profits at hedge funds beyond their already unbelievable rate (what is with this 2% + 20% business anyway? And why can’t I get in on the action?) by extracting money from said sheeple’s pockets. Oh yea, they will be sure to require a signed document stating the ‘investor’ (gambler, something that is true for most hedge funds already) is ‘accredited’, but no different than the liar loans people will cheerfully sign on the dotted line.
Ain’t America Great?
