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June 28, 2006
Infidelity Investments?
Markets are truly amazing. The ever-observant Walter Olson reports that UK financial institutions are now providing "matrimonial dispute loans" -- loaning money to a party in a pending divorce secured by the party's expected award or settlement from the party's soon-to-be-ex in the divorce. Inasmuch as the hedge funds cannot be far behind such a financial innovation, it's only a matter of time before the next reason touted for regulation of the hedgies is that they are promoting marital discord without appropriate oversight.
Posted by Tom at June 28, 2006 4:46 AM
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