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Hedge Funds
Freeier: CPA = Certified Public Accountant. As for why would an accountant want to know about the implications of hedge funds, that indeed is the question; just the nature of my inquiry. It is a pointed question, I know, but that is what I am trying to ferret out. The focus of Basel II is—much like its 1988 predecessor—capital adequacy, only the new accords prudently take into account that not all credit risks are equal. That is all I know.
Sino Defender: If you could e-mail me your PowerPoint presentation it would be a good primer. I can get the SEC regulations through work.
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