Germany: UK risks being an "island of hedge funds" under Cameron.

Bloomberg: “Cameron’s determination to protect the financial-services powerhouse in London and tame what he sees as the bureaucratic leviathan known as the European Union risks turning his country into an island of hedge funds, in the German view.” “Since the onset of the financial crisis with the collapse of Lehman Brothers Holdings Inc. in September 2008, Britain and Germany have scuffled over the regulation of credit-default swaps, commodity derivatives, high-frequency trading and hedge funds. In each case, Berlin wanted heavier regulation, London lighter.”