http://allaboutalpha.com/blog/2007/06/21/if-you-think-hedge-funds-are-powerful-check-out-pensions/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2007/06/21/if-you-think-hedge-funds-are-powerful-check-out-pensions/comment-page-1/#comment-12145 christian Fri, 22 Jun 2007 19:15:26 +0000 http://allaboutalpha.com/blog/2007/06/21/if-you-think-hedge-funds-are-powerful-check-out-pensions/#comment-12145 Stability, shmability. Since when are the global financial markets ever "stable"? Not to sound overly laissez faire but I say politicians, pundits, et al stop making such a fuss. Let the money flow where it flows. If there's a catastrophe we'll trade our way out of it or the JP Morgans and other banking titans will lend our way out of it via bail outs a la the LTCM meltdown. We start letting central banks and politically motivated cranks (especially quasi-socialist euros) control how the markets trade and it's curtains for us all. Stability, shmability. Since when are the global financial markets ever “stable”? Not to sound overly laissez faire but I say politicians, pundits, et al stop making such a fuss. Let the money flow where it flows. If there’s a catastrophe we’ll trade our way out of it or the JP Morgans and other banking titans will lend our way out of it via bail outs a la the LTCM meltdown. We start letting central banks and politically motivated cranks (especially quasi-socialist euros) control how the markets trade and it’s curtains for us all.

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