Hedge Funds running on (preemptive bail-out) money pumped over to them by The Fed.
Nice if you can get it! And it seems you can only get it if you are a Banker or Wall Street insider.
Moral hazard has gone out the window. Where is the risk if you get bailed out both before and after you engage in your next wacky scheme to loot the financial system? Failure = success! Bonuses and big ticket-clipping fees assured no matter what.
