The World According to Me.

Hedge Funds : A hedge fund is an investment fund open to a limited range of investors that is permitted by regulators to undertake a wider range of activities than other investment funds and also pays a performance fee to its investment manager. Each fund will have its own strategy which determines the type of investments and the methods of investment it undertakes. Hedge funds as a class invest in a broad range of investments extending over shares, debt, commodities and so forth. * explain it more This ENCOURAGES corruption.

Taxing AIG bonuses So because Congress couldn't read the bill they wrote, they are now attempting to use the IRS to legislate. Via tax code they are attempting to "get money back" because they couldn't write a bill correctly. So they have wasted days/weeks coming up with possible tax solutions. Lovely. I guess it would have been too difficult to write something like: ..monies provided to an institution for the purpose of financial stabilization provided with US Treasury funds will not in any way or form be used to pay for salary or prior services not prudent to the survival and buttressing of the current or future financial stability of the institution. At no point should US Treasury funds be used to pay for present or past employee or consultant efforts or resources. In the case of divergence from this passage will result in removal of the equivalent number of funds from the provision and no further requests for monies will be granted.