Well Played

From Dealbreaker this morning in the Opening Bell section.

France Calls For Hedge Fund Crackdown (FT)
France, in its infinite wisdom, is essentially calling for the United States and Britain to do a better job of regulating hedge funds, because, well, that’s where the majority of them are. No one in France has taken notice though that the lack of fund activity in their country could be attributed to the fact that they often don’t have a clue what they’re talking about.

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