Is Silicon Valley a Systemic Risk?
Treasury decides to treat venture capitalists like hedge funds. :eek:
The Obama administration wants to regulate venture capital firms to prevent systemic risks. Silicon Valley residents are scratching their heads and asking: What risks? The rest of us should ask why Washington is targeting a jewel of the American economy that had nothing to do with the housing bubble.
.......
http://online.wsj.com/article/SB123923644886203393.html
Treasury decides to treat venture capitalists like hedge funds. :eek:
The Obama administration wants to regulate venture capital firms to prevent systemic risks. Silicon Valley residents are scratching their heads and asking: What risks? The rest of us should ask why Washington is targeting a jewel of the American economy that had nothing to do with the housing bubble.
.......
http://online.wsj.com/article/SB123923644886203393.html
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