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    Hedge-fund gala scrapped....

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    papa_umau
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    Hedge-fund gala scrapped....

    Post by papa_umau on Tue 30 Apr 2013, 11:36 am

    A lavish gala dinner that has been the previous highlight of the London hedge fund industry's social calendar and counted royalty among its guests, has been quietly shelved.

    Read more from Reuters HERE




    What does this tell us then ?

    Does it tell us that at last these profligate wasters have eventually decided that shoving their questionable wealth in our faces is not an acceptable thing to do any more ?


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    zathrus
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    Re: Hedge-fund gala scrapped....

    Post by zathrus on Fri 03 May 2013, 12:07 pm

    What the hell is a hedge fund anyway ?

    My hedge needs cutting so will they maybe help me with that expense ? Evil or Very Mad
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    papa_umau
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    Re: Hedge-fund gala scrapped....

    Post by papa_umau on Sat 04 May 2013, 11:59 am

    The "hedge funds" are the biggest bunch of risk-taking chancers in the banking industry and they should be forced to draw in their necks by chopping their heads off.

    Find out more about these risk-taking no-users HERE


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    Angie baby
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    Re: Hedge-fund gala scrapped....

    Post by Angie baby on Sat 11 May 2013, 12:59 pm

    Here's a note that I found online about the Hedge-fund industry and it's connection to this lavish dinner:

    "The dinner has been put on ice just as the $2.4 trillion hedge fund industry has rebounded strongly from the financial crisis. In this year's Sunday Times Hedge Fund Rich List, for instance, 13 managers had fortunes of 300 million pounds or more, up from nine the previous year."

    So, it would seem that high-risk dealing is just as common and as lucrative as it has always been, even considering what happened in the banking crash.
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    papa_umau
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    Re: Hedge-fund gala scrapped....

    Post by papa_umau on Sun 12 May 2013, 11:52 am

    As I have often said before: "Even chimpanzees learn by their mistakes, but bankers seem unable to do this !"

    This Hedge-fund practice makes me think: Someone, somewhere is bound to be losing a lot of cash if these hedge-fund gamblers are making so much money on their doubtful trading practices.

    It is not as if they are creating any new money; all they are doing is shuffling the money around that is already in the system.

    What I mean by this is, that if there are great winners in one place then there also has to be great losers somewhere does there not ?

    Can ANYBODY explain this to me please ?


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