Hedge Funds pushing Economy into the Abyss..Michael Greenberger..


	Hedge Funds pushing Economy into the Abyss..Michael Greenberger..

TJColatrella

6-6-2008 11:52 PM

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tags:

enron loop-hole, phil gramm, john mccain, goldman sachs, oil prices, depression, republicans, texas, bush family

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fb76f25e-ee4a-406c-a39d-3a7769a97a4d/0187F059-BF68-407A-BA6D-AE60B53D8C28/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.npr.org/templates/story/story.php?storyId=89723375" href="http://www.npr.org/templates/story/story.php?storyId=89723375" style="font-size: 11px;">www.npr.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.npr.org/templates/story/story.php?storyId=89723375"><DIV id="storybody"><DIV class="slug"><A href="http://www.npr.org/templates/topics/topic.php?topicId=1012">Politics & Society</A></DIV><H1>How Hedge Funds Pushed the Economy Down</H1>                <DIV class="listenblock">
                    <P class="listentab"><A class="listen" href="javascript:NPR.Player.openPlayer(89723375, 89723358, null, NPR.Player.Action.PLAY_NOW, NPR.Player.Type.STORY, '0')">Listen Now</A> <SPAN class="duration">[7 min 45 sec]</SPAN> <A class="add" href="javascript:NPR.Player.openPlayer(89723375, 89723358, null, NPR.Player.Action.ADD_TO_PLAYLIST, NPR.Player.Type.STORY, '0')">add to playlist</A> </p> </DIV><P><SPAN class="program"><A href="http://www.npr.org/templates/rundowns/rundown.php?prgId=17">Day to Day</A>,</SPAN> <SPAN class="date">April 17, 2008 · </SPAN> Largely unregulated by the government, the hedge fund "shadow market" has played a critical role in the housing crisis. Alex Chadwick talks to Michael Greenberger, law professor at the University of Maryland, about what hedge funds are and how the government deals with them.</P></DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0187F059-BF68-407A-BA6D-AE60B53D8C28/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>