Hedge Fund managers are surely not the only players in the game of betting against assets they feel are falling out of favour yet they seem to be the ones getting the flak. The FSA has concluded Hedge Funds do not pose a systemic risk so why do certain politicians continue to villify them as if they do? Political issues are the key here not commonsense investment principles. If politicians feel certain investment tools (like naked CDSs) should be banned, then ban them for all. Don't select certain parties to clobber with twisted and self-serving implements like the AIFMD.