The best hedge fund manager of 2010, Don Brownstein, isn't worried at all about FinReg, at least according to businessinsider.
Asked by Clusterstock's Katya Wachtel what he thought about financial regulation today at an event hosted by Bloomberg Markets Magazine, he smiles and says:
Say there's lots of car crashes on a particular corner. And they put up a traffic light. That's what this is.
It's not a big deal. It will be a minor footnote. It's one traffic light.
Not a big deal?! Try telling that to Jamie Dimon….
Find out more at:
http://www.businessinsider.com/don-brownstein-financial-regulation-2011
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