Plans for tighter bank rules rubbish, says Crispin Odey

Summary


CRISPIN Odey, one of London's bestknown hedge fund managers, today lashed out at US and UK plans to introduce much tighter regulation for his industry.

"We are resistant because it is a lot of rubbish," he said, adding: "What hurt the banks is what they did to themselves not what we did to them.

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Plans for tighter bank rules rubbish, says Crispin Odey

"If your fund is two-times leveraged yo...

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