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Switch to Forum Live View Entitlement society: hedge funds insist on human right to investment returns
2 years ago  ::  Jan 20, 2012 - 5:30PM #1
Posts: 8,303

This world gets a weirder place each day...

[F]und managers are considering a fight against what they believe would be a violation of human rights law, arguing that their rights to property would be infringed by a write-down of Greek debt.

I wonder what those think who repeatedly have shed crocodile tears about investors' "productivity" as opposed to what they label an "entitlement" attitude of the less fortunate.

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2 years ago  ::  Jan 20, 2012 - 9:25PM #2
Posts: 6,249

Give them credit for creativity as well as greed.

 But, no.

You may have a right to property.  But when you invest your money, you assume all risks associated with that investment, including bankruptcy and any subsequent judgements- whether your investment is in Greece, bad real estate, or Eastman Kodak.

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2 years ago  ::  Jan 28, 2012 - 12:00AM #3
Posts: 15,810

This thread was moved from the Hot Topics Zone

Conservative, Libertarian, Life member of the NRA and VFW
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