Heh. And the Red Queen gets to stamp another silhouette; that's evolution, military technology, and now finance.
Also, I wonder how much the pressure to perform and get that money coming into the fund prompts the hedge managers into unethical and illegal trades out of desperation? Afterall, as the article points out, it's like several packs of lions fighting over a single, undersized gazelle, but if the lions start raiding the human cattle herds, well, it might get the lions shot tomorrow, but today it'll feed them.
Not to excuse the roulette-playing that's become our financial system, but I'm wondering what the original impetus was for that first step: greed, pride, or, alternatively, desperation to perform?