Wednesday, December 15, 2010 3:06:38 PM
NIR is in a panic these days. Changes in laws regardin transparency will mean hedge funds become more transparent. All is aimed at the hedge fund investor position. Protection against the Sonja Kohn/ Madoffs of the world Ponzie games. The impact will be accurate reportin. It will not impact convertable notes. I could care less what happens to NIR. Unless it pertains to contractural obligations contained in their convertable notes. If your passion or beef is with NIR I sugest you spend your time readin lawsuits and shortin claims rather than tranparency reportin to NIR investors. You don't find dirt by watchin if NIR complies with some new reportin obligation after the fact. You're postin about old news, old info and missin your target by a mile. If it's all new stuff to ya go ahead and slog through it. Trust me, when you're done you'll be lookin from a different, more effective angle
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