The difference between a bank (like Goldman) and a hedge fund is that banks get access to the Fed discount window and FDIC guarantees, TARP money, and all the taxpayer support.
No problem at all. Start an investment bank, hire Ex Lehman, Ex Bear Stearns employees, ask the FED honestly to become a bank holding company and ask for some exceptions regarding the conduct of certain business practices.
And worst all is that they don't make anything other than boom-n-bust. Nothing productive, pure manipulation...
I failed to understand that what value these speculators add to the real industries? Exchange is scam, fed is scam, they exist only to rob honest and hard-working people.
