Thursday, January 15, 2009
MFA's Baker Interviewed
Fortune interviews Richard Baker, head of the Managed Funds Association. The short Q&A covers the Madoff affair, the ban on short-selling, and prospects for increased regulation of hedge funds. This blog has commented that the MFA and similar bodies in the U.S. have struggled to defend the reputation and interests of the hedge fund industry, but the article notes that the lobbying restrictions on Baker, a former Congressman, lift next month.