{"id":8959,"date":"2008-10-27T00:00:00","date_gmt":"2008-10-27T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"waxman-backs-more-regulation-of-hedge-funds-rating-companies","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/waxman-backs-more-regulation-of-hedge-funds-rating-companies.html","title":{"rendered":"Waxman backs more regulation of hedge funds, rating companies"},"content":{"rendered":"<p class=\"Title_Big_News\" dir=\"ltr\" align=\"justify\">Tehran Times &#8211; &quot;We do have to have much more government oversight and involvement than we&#8217;ve seen in the last decade or so,&#8221; said Waxman, a California Democrat. <\/p>\n<p>&#8220;A lot of people didn&#8217;t either know what they were getting into or much care because they weren&#8217;t going to be the ones holding the bag,&#8221; Waxman said in an interview on Bloomberg Television&#8217;s &quot;Political Capital with Al Hunt,&#8221; airing. <\/p>\n<p>Hedge funds need regulation &quot;to make sure the incentives are right for them and others to do the right thing,&#8221; said Waxman. &quot;Certainly we need more transparency.&#8221; <\/p>\n<p>His House Oversight and Government Reform Committee will take testimony next month from representatives of hedge funds and from Freddie Mac and Fannie Mae, the biggest buyers of U.S. mortgages. <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.tehrantimes.com\/index_View.asp?code=180960\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tehran Times &#8211; &quot;We do have to have much more government oversight and involvement than we&#8217;ve seen in the last decade or so,&#8221; said Waxman, a California Democrat. &#8220;A lot of people didn&#8217;t either know what they were getting into [&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":[1436,445,3392,3088,553,1439,2574,3391,2485],"class_list":["post-8959","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-american-international-group","tag-bad-credit","tag-consistent-approach","tag-fortune","tag-ivey","tag-loan-sales","tag-market-direction","tag-top-management","tag-unions"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8959","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=8959"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8959\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}