Does He hedge?

Recent allegations by the SEC, speculated by many market participants for several years, is a huge confidence booster for the markets and the economy in general. It shows that we are breaking away from the country club culture, where a few people with preferential access to money, information and trading mechanisms, can take the entire economy hostage, claim ransom and run away with it. Markets (and the economy) function well when there are no monopolies, fraud is detected and punished...