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Hedge Fund Managers

It's Time To Close The Carried Interest Loophole

Bill de Blasio | Posted 09.10.2015 | Politics
Bill de Blasio

Because of something called carried interest, the top 25 hedge fund mangers paid a lower tax rate than the average kindergarten teacher in 2014. Billionaire hedge fund managers don't need a tax break, and there is no reason this loophole should exist.

The $17.7 Billion Hedge Fund Managers Are Stealing From Kindergarten Teachers

Robert Greenwald | Posted 09.14.2015 | Politics
Robert Greenwald

It is time that anyone running to be POTUS does more than lip service to one of the most egregious tax evasion schemes and one of the biggest contributors to the 1 percent stealing from the 99 percent.

Trump More Progressive Than Democrats on Warren Buffett Problem

Chris Weigant | Posted 08.31.2015 | Entertainment
Chris Weigant

Democrats are doing one of two things, and neither one of them is very impressive. Democratic candidates are either so scared of being called a tax-raiser by Republicans that they do not support changing the problem at all, or they are secretly for changing it but don't want to say it.

An Open Letter to John Paulson

Michael J. Sorrell | Posted 06.08.2015 | College
Michael J. Sorrell

Perhaps there was another motive for your gift. Perhaps this was less about the deficiencies of the East Coast's technology landscape and more about winning the game of "one-upmanship" that wealthy donors and institutions tend to play.

Retail Chatter #9

June Haynes | Posted 05.12.2015 | Business
June Haynes

It has been months since my last article. The absence was due in part to my preparation of a speaking engagement at the Luxury Lab conference last month in São Paulo, Brazil.

Re-Claiming a Moral Profession in Unethical Times

Colin Schumacher | Posted 06.26.2015 | Education
Colin Schumacher

In these dire times of unethical decision-making by policy makers, it's important that teachers remain grounded in moral principles that have proven timeless in preserving the promise of public education. It has been painfully evident that union leadership has settled for political maneuvering rather than unwavering principle.

Igor Bobic

Hillary Clinton Blasts Pay For CEOs, Hedge Fund Managers In Campaign Kickoff | Igor Bobic | Posted 04.15.2015 | Politics

WASHINGTON -- In her first campaign event Tuesday as a presidential candidate in the early caucus state of Iowa, Hillary Clinton blasted a system that...

This Guy Just Made $1 Billion Betting On Oil Prices

The Huffington Post | Mark Gongloff | Posted 01.21.2015 | Business

You know what's cool? An oil-price collapse that saves you a few dollars when you fill up the Escalade. You know what's cooler? An oil-price collapse ...

Paul Blumenthal

Hedge Fund Execs Spent Big In New York Elections, Now Likely To Reap Their Reward | Paul Blumenthal | Posted 12.04.2014 | Politics

WASHINGTON -- A handful of hedge fund executives aiming to direct more taxpayer money to charter schools pooled their own vast resources to help elect...

Want To Make A Difference? Don't Be A Hedge Fund Manager

The Huffington Post | Gregory Beyer | Posted 11.24.2014 | Business

Long before the 2008 financial collapse, the American economic landscape had shifted, plunging the country into something of an identity crisis. Manuf...

Bartender Responds To Investment Manager's Ass Grab With Powerful Open Letter

The Huffington Post | Ryan Grenoble | Posted 09.18.2014 | Women

Today, bartender Laura Ramadei is thankful in an odd sort of way. She's thankful to the investment manager whose decision to fondle her fanny and make...

Mark Gongloff

Piketty Is Right: These Wealthy Men Make Billions For Basically Doing Nothing | Mark Gongloff | Posted 05.06.2014 | Business

In the future foretold by French economist Thomas Piketty, the rich will keep getting richer by doing basically nothing, living off the income generat...

Watchdog To Go After Hedge Funds

Reuters | Posted 06.07.2014 | Business

By Greg Roumeliotis and Sarah N. Lynch NEW YORK/WASHINGTON, April 7 (Reuters) - The U.S. Securities and Exchange Commission (SEC) has ...

Ten Examples of Welfare for the Rich and Corporations

Bill Quigley | Posted 03.16.2014 | Politics
Bill Quigley

Here are the top 10 examples of corporate welfare and welfare for the rich. There are actually thousands of tax breaks and subsidies for the rich and corporations provided by federal, state and local governments, but these 10 will give a taste.

Writing Steven Cohen's Epilogue

Adam Resnick | Posted 11.06.2013 | Business
Adam Resnick

For nearly a decade, SAC Capital Advisors has been on the radar of the federal government for alleged systemic insider trading. On Monday, United Sta...

The Life Out Loud: Wall Street Health Warriors

MeiMei Fox | Posted 01.23.2014 | Healthy Living
MeiMei Fox

Hedge fund managers Nick Morris and Dan Gluck began obsessively investigating chia, reading whatever research they could find on its nutritional properties. They discovered that chia is an "off-the-charts superfood."

Let's End the Charade

Dan Solin | Posted 12.08.2013 | Business
Dan Solin

They drop poorly performing funds and select replacements with stellar recent track records. In making these choices, they often rely on the recommendation of their consultants, who dazzle them with charts and graphs supporting their selections. This ritual is repeated endlessly.

Steve Cohen of SAC Capital Has Earned Insider Trading Charges

Daniel Dicker | Posted 09.23.2013 | Business
Daniel Dicker

There's little doubt in my mind that SAC Capital's Steve Cohen deserves a conviction. But will the SEC get one?

Mad Men Meets Wall Street -- Redux As Television Changes Everything for Mad Men and Hedge Funds

April Rudin | Posted 09.18.2013 | Business
April Rudin

Hedge funds have an opportunity to be transparent and describe their core values, investment strategies and much more than just "track record." But, I'd argue that the biggest challenge facing the hedge fund industry with respect to the JOBS Act is that they can no longer hide.

Equity Crowdfunding and Advertising: Be Careful What You Wish For

Victoria Silchenko | Posted 09.15.2013 | Business
Victoria Silchenko

It is official -- on July 10th, 2013 the Security and Exchange Commission (S.E.C.) lifted the ban for private offering advertising. This means that on...

'Impact Investing' Is New Hedge Fund Buzzword After Bangladesh Tragedy: Experts

Reuters | Posted 08.18.2013 | Impact

By Laurence Fletcher MONTE CARLO, June 18 (Reuters) - Hedge funds, once seen as a quick route to riches for managers a...

How Likely Is Carried Interest Reform?

Jeremy Scott | Posted 08.11.2013 | Politics
Jeremy Scott

Carried interest reform will almost certainly be part of any major tax reform bill offered by Camp or Baucus. But it's also possible that even if tax reform efforts fail or stall, carried interest legislation could find its way into an extenders package or as a pay-for for deficit reduction or an extension of the debt limit.

Super-Rich Man Makes Extremely Offensive Comment About A 'Girl's Bosom'

The Huffington Post | Jillian Berman | Posted 05.24.2013 | Business

Ambitious ladies listen up: If you’d like to stay that way, never have a kid and if you do decide to have a baby, under no circumstances let that wa...

Mark Gongloff

Hedge Fund Managers Make Billions For Doing Terrible Work: Data | Mark Gongloff | Posted 04.15.2013 | Business

Many of us suck at our jobs. But only a few people can get exorbitantly wealthy doing so. These elites are called hedge fund managers. Several of t...

Mark Gongloff

Hedge Funds Think Other Hedge Funds Are Cheating | Mark Gongloff | Posted 04.04.2013 | Business

Most hedge funders will fan themselves angrily on their fainting couches, while dialing their lawyers, if you suggest they cheat to get ahead. At the ...