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March 3, 2008
Hedge Funds and Pornography
Here is the financial quote du jour. It comes from a hedge fund manager who is (rightly) pissed that such funds can't market their services, open a normal website, etc., and so he is suing the SEC.
“We want to be able to have a website like any other business. The only websites required to pre-qualify people are hedge funds and pornography . . . gun shops are allowed to advertise, the Massachusetts state lottery is allowed to have a website. We want to be treated like any other business.”
[via FT]
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Gun shops, lotteries, pornography, hedge funds... yeah, they all kind of go together.
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