Hedge Fund Advisor Must House the Homeless to Build Mansion

The WSJ has a blog post that tells the story of a hedge fund advisor in England who was told he needed to house the homeless in exchange for the ability to rehab his home and add a pool. His total bill... $730,000. This sort of thing wouldn't fly in the U.S., but as the WSJ notes, apparently it's fairly common place across the pond before commercial projects break ground. Read the full story here.