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«We will continue our talks on the latest developments in global financial markets, including hedge funds, which significantly posposobstvovali effective development of the financial system», - «obtekaemo» reported in an official press release on the results of the meeting.
Germany (as host) included a reference to the Code of hedge funds in the preliminary draft of an official report, but not surprised that he has failed. «Even if we do not reach their goal in Potsdam, do not think that Germany had to abandon their attempts», - said the official representative of Germany before the meeting. In Germany, there is support in this regard: The European Central Bank, while not insisting on the strict regulation, is still favored the introduction of «code». Also, the new president of France has recently expressed his opposition to hedge funds. «We did not create the euro, that our capitalism abandoned ethics and morality», - he said - «these attacks (hedge) funds ... buy up companies, rasprodayut them piecemeal, but at the same time, laid off 25% of the state, earning 25% profit and do not create any wealth »(clear« curtsy »to the Socialists).
It is worth noting that a more economically successful countries, oppose any restrictions hedge funds, reflecting their important role in the modern financial system.