Posted by david soori on October 7, 2009, 12:06:01 Link: http://link.ft.com/r/R5WAEE/LX5FR/7XIC/M9QMOY/PERPQ/4O/h
Hedge funds win Church of England blessing
While greater regulation of some sectors of the industry is necessary, the church has concluded that hedge funds are still needed to maintain the temple
http://link.ft.com/r/R5WAEE/LX5FR/7XIC/M9QMOY/PERPQ/4O/h
Talk about the ends justifying the means. They invest in destructive instruments with the excuse that they will put the money to good work - reminds me of the time Napoleon tried to raise money to combat veneral disease by taxing prostitutes! Cause and effect spring to mind!
It costs millions to preach the pauper Christ's message. and to keep all those lay abouts who haven't done a days' productive in a life of luxury.
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