Hedge Fund Fisticuffs: Does Anyone Really 'Get It'?

``“The current regulatory debate is a bit like discussing having better seat belts on planes. It’s hard to argue against, but when the plane crashes, it’s all a bit marginal ... the real focus of regulation should be on making the air traffic control system safe.” ... What does that mean, you ask? Well, I have absolutely no idea. But, I suspect, neither does anyone else. Which is really the whole point, when you think about it. ''