Hedge fund envy
This article is on the Times' most emailed list today so I suspect that there's a fair bit of schadenfreude floating around concerning the fate of hedge funders. I suppose the most truthful, and painful aspect of all this is that "hedgers" were supposed to be able to churn out profits regardless of market conditions because they were so much smarter than the rest of us and knew how to hedge their bets. Turns out, many of them were just Bozos on the bus, just like the rest of us. Phew! I can go back to being proud of my philosophy degree.