Pretty smart advice from George Soros, speaking before a House Committee on Oversight and Government Reform hearing on hedge funds, with Soros one of five fund managers averaging $1 billion-with-a-b in income last year.
And, judging by representatives’ comments, maybe, in addition to regulation, the House will find the conejos to steamroll Chuck Schumer and tax interest carryovers as income. I'm sure Henry Waxman would like to go that direction. Now, what other regulation could happen, who knows? But, “transparency” was the buzzword of the day.
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