Of course the bright people in need of an ethics transplant go where the money is, and that's hedge funds.

But hedge funds don't CREATE money like Banks do, they just punt it around, and the Bank prime brokerages cream them as they do.

That doesn't mean we haven't reached Peak Credit (and therefore Wall Street is fucked) - in fact it supports the thesis.

And anyway - how many Hedge Funds are on Wall Street ?!!

"The future is already here -- it's just not very evenly distributed" William Gibson