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Should we tell the President?

Ever wondered what goes on in George W Bush's head? Philippa Malmgren, former economic advisors on the National Economic Council to the enigmatic Dubya, reveals what his administration truly thinks when it comes to hedge funds.

If you want to find a body inimical to hedge funds, look no further than New York attorney general Eliot Spitzer.

And if you want to find a body with the same, or greater, level of influence and power than him, willing to see more sizeable hedge fund meltdowns, says Philippa Malmgren, former economic adviser to President George W Bush on the National Economic Council, look no further than the

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