Why does Sweden, the newly appoinetd holder of European Union’s presidency support the hedge funds and the private equity funds?
Marla Guthrie
Jul. 1, 2009

Why does Sweden, the newly appoinetd holder of European Union’s presidency support the hedge funds and the private equity funds?

Many international think tanks are amazed at the comments made by Mats Odell, Sweden’s financial markets minister. The statement reads "There is an exaggerated fear that private equity contains big systemic risk. Our opinion is that it does not."

Really? The international financial anlysts question the statement its entirety.

Swedish defence of hedge funds and private equity on Wednesday, saying it did not blame them for the financial crisis is not only bizzare but also is damaging to the entire fianncial industry, says some analysts.

It is possible that Sweden to bring harsh rules on these mega gamblers but first they want to make sure they sonvey a message of neutrality to all the parties.

Why does Sweden, the newly appoinetd holder of European Union’s presidency support the hedge funds and the private equity funds?
Marla Guthrie
Swedish defence of hedge funds and private equity on Wednesday, saying it did not blame them for the financial crisis is not only bizzare but also is damaging to the entire fianncial industry, says some analysts.
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