{"id":21,"date":"2009-11-03T22:11:13","date_gmt":"2009-11-04T06:11:13","guid":{"rendered":"tag:google.com,2005:reader\/item\/c8dfa949cda9b339"},"modified":"2009-11-03T22:11:13","modified_gmt":"2009-11-04T06:11:13","slug":"hedge-hub-%c2%bb-blog-archive-%c2%bb-hedge-funds-%e2%80%9ca-good-thing%e2%80%9d-says-taleb-blogs","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2009\/11\/hedge-hub-%c2%bb-blog-archive-%c2%bb-hedge-funds-%e2%80%9ca-good-thing%e2%80%9d-says-taleb-blogs\/","title":{"rendered":"Hedge Hub \u00bb Blog Archive \u00bb Hedge funds \u201ca good thing\u201d, says Taleb | Blogs |"},"content":{"rendered":"<blockquote><p>Shared by  JohnH<br \/>\n<br \/>\nLinks above to full artcle.<\/p><\/blockquote>\n<p>Regulators are going after the wrong target by trying to impose stricter rules on hedge funds, according to <a href=\"http:\/\/www.fooledbyrandomness.com\/\">Nassim Nicholas Taleb<\/a>, high-profile author of credit crisis hit The Black Swan.<\/p>\n<p><a title=\"rtxnzh6\" href=\"http:\/\/blogs.reuters.com\/hedgehub\/files\/2009\/11\/rtxnzh6.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"REUTERS\/Shannon Stapleton\" src=\"http:\/\/blogs.reuters.com\/hedgehub\/files\/2009\/11\/rtxnzh6.jpg\" alt=\"rtxnzh6\" align=\"left\" height=\"240\" width=\"300\"><\/a>Taking a decidedly negative view of banks, Taleb told the Hedge 2009 conference in London today that a bank is\u00a0essentially \u201ca utility with a compensation scheme\u201d, which the public has to bail out if it fails.<\/p>\n<p>In contrast, \u201chedge funds are a good thing\u201d (not a phrase that is heard very often).<\/p>\n<p>With the possible exception of LTCM, taxpayers haven\u2019t had to bail out hedge funds which, <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shared by  JohnH <\/p>\n<p>Links above to full artcle.<br \/>\nRegulators are going after the wrong target by trying to impose stricter rules on hedge funds, according to Nassim Nicholas Taleb, high-profile author of credit crisis hit The Black Swan.Taking a decidedly&#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-21","post","type-post","status-publish","format-standard","hentry","category-feeds"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/21","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=21"}],"version-history":[{"count":0,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/21\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=21"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=21"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=21"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}