The hedge funds are unashamedly OPPORTUNITY funds when it comes to the question of ivesting in a highly volatile and equllay indisciplined economy like India. Here alone the entire mechanism helps legally to fill up few pockets who invested their slush moneies (mostly) through the FIIs. Let the SEBi come out with calling for all the required details of each and every investor (be it an individual or a institutional investor like FIIs or equity participating companies within India)so that the trasactions will be transperent and the data bank of SEBI will be full of relavnt details to effectively control the situation. What the F.M and the governing bodies are doing?