{"id":11003,"date":"2009-07-10T00:00:00","date_gmt":"2009-07-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"boris-johnson-is-right-the-eus-hedge-fund-rules-will-destroy-the-city","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/boris-johnson-is-right-the-eus-hedge-fund-rules-will-destroy-the-city.html","title":{"rendered":"Boris Johnson is right: the EU&#8217;s hedge fund rules will destroy the City"},"content":{"rendered":"<p class=\"MsoBodyText\"><span>Telegraph.co.uk &#8211; The City is staring into the abyss. If the proposed EU directive on hedge funds goes through, London will go the way of Bruges, Venice and Amsterdam: a once dominant financial <em>entrep&ocirc;t<\/em> sidelined by more virile cities.<\/span><\/p>\n<p class=\"MsoBodyText\"><span>This, of course, is precisely what some in the EU want. I have lost count of how often I&rsquo;ve heard voices raised in Brussels against London&rsquo;s &ldquo;jungle capitalism&rdquo;. In the eyes of many Continental politicians, the Square Mile is parasitical: a lawless free city, whose lax regulations caused the financial crisis. They deeply resent the fact that 80 per cent of managed equity and hedge funds are based in London.<\/span><\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/blogs.telegraph.co.uk\/news\/danielhannan\/100002811\/boris-johnson-is-right-the-eus-hedge-fund-rules-will-destroy-the-city\/?FORM=ZZNR2\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telegraph.co.uk &#8211; The City is staring into the abyss. If the proposed EU directive on hedge funds goes through, London will go the way of Bruges, Venice and Amsterdam: a once dominant financial entrep&ocirc;t sidelined by more virile cities. This, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[14029,10867,14028,2609,4896,14027,4726,11708,14030,3364,3169,11183,363,3783,14031],"class_list":["post-11003","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-abyss","tag-amsterdam","tag-bruges","tag-brussels","tag-capitalism","tag-entrep","tag-financial-crisis","tag-hedge-funds","tag-jungle","tag-london","tag-politicians","tag-rsquo","tag-telegraph","tag-venice","tag-voices"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11003"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11003\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}