Hedge Fund billionaires see merit in some regulation
Nov 14th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Five of America's leading hedge fund billionaires, testified before a congressional committee on Thursday and all of them - - Philip Falcone, Kenneth Griffin, John Paulson, James Simons and George Soros - - said they would support new rules that would force the sector, controlling nearly $2 trillion, to disclose more of its secrets.