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Hedge Fund Managers

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Richard (RJ) Eskow | Posted 08.29.2011 | Politics
Richard (RJ) Eskow

The top 25 hedge fund managers in the U.S. earned $22 billion last year. If they operated under the same rules that apply to other people, we could cut our national deficit by as much as $44 billion. That's just from 25 people. Here's how.

Hedge Fund Managers Give To GOP After Becoming Dissatisfied With Obama

Wall Street Journal | BRODY MULLINS, SUSAN PULLIAM and STEVE EDER | Posted 06.26.2011 | Business

Hedge-fund managers made a big bet on Barack Obama and other Democrats in 2008. Now, with the 2012 contest gearing up, some prominent fund managers ha...

Hedge Funds -- to Be Feared or Favored?

Gemma Godfrey | Posted 06.21.2011 | Business
Gemma Godfrey

As the biggest hedge fund insider trading case comes to a close, we are reminded of the risks of investing in the asset class.

Rajaratnam's Unlikely Defender

Posted 06.12.2011 | Business

NEW YORK (Grant McCool) - Hedge fund manager Raj Rajaratnam hopes a "Superman" will be able to help him win over the jury at his insider trading trial...

25 Hedge Fund Managers Make as Much Money as 1,150,000 Average Americans

David Wallechinsky | Posted 06.06.2011 | Business
David Wallechinsky

A group of 25 hedge fund executives in 2010 managed to earn a combined $22.1 billion -- an amount equivalent to 441,400 American households each making $50,000 a year.

25 Richest Hedge Fund Managers Made $22 Billion Last Year

Posted 06.01.2011 | Business

Corrects paragraph to say $4.9 billion, instead of million NEW YORK (By Matthew Goldstein) - The richest 25 hedge fund managers made a bit less mon...

Ex-Goldman Director Sues SEC For Not Providing Jury Trial

Reuters | Posted 05.25.2011 | Business

NEW YORK (Reuters) - A former Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) director accused of leaking confidential boardroom ...

Losing the Narrative on Public Employee Unions

Joseph A. Palermo | Posted 05.25.2011 | Media
Joseph A. Palermo

The attack on public employee unions has just begun and won't go away. With the disempowerment of labor in our society, any sociologist will tell you, the living standards of all working people will be lowered.

Balancing the Budget, Looking for Simple Answers

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

To cut costs you need to trim the big ticket items. Unfortunately, serious discussions about the budget and dramatic actions aren't going to raise re-election coffers or make politicians popular.

MLK Injustice Index 2011: Racism, Materialism and Militarism in the US

Bill Quigley | Posted 05.25.2011 | Politics
Bill Quigley

As we remember the courage and hope of Dr. Martin Luther King, Jr., we must not forget that he spoke out and worked against the injustices of our nation, particularly those of racism, materialism and militarism.

Michael Burry, Profiled In 'The Big Short,' Bets On Farmland, Gold

bloomberg.com | Jon Erlichman and Dakin Campbell | Posted 05.25.2011 | Business

Sept. 7 (Bloomberg) -- Michael Burry, the former hedge-fund manager who predicted the housing market's plunge, said he is investing in farmable land, ...

Once High-Flying Hedge Fund Managers Are Hitting The Rest Button

nytimes.com | JULIE CRESWELL | Posted 05.25.2011 | Business

By closing one fund and opening another, managers can, in a stroke, wipe clean their investment records and start collecting fees from new investors....

When Hedge Fund Managers Talk, Andrew Ross Sorkin Transcribes, Uncritically

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

You can't buy the kind of free publicity extended by today's New York Times, which quotes extensively from Daniel Loeb's political rant in, "Why Wall St. Is Deserting Obama," a 1,200-word piece devoid of critical analysis.

Philip Falcone, Hedge Fund Manager, Bets The Farm On Satellites

Reuters | Matthew Goldstein and Svea Herbst Bayliss | Posted 05.25.2011 | Business

Investing with hedge fund manager Philip Falcone, who oversees about $8 billion at his Harbinger Capital Partners, has required an awfully strong stom...

Charlie, What's It Like Inside the Club?

Howard Steven Friedman | Posted 05.25.2011 | Politics
Howard Steven Friedman

The world is full of clubs. Two countries have about 95% of the estimated nuclear weapons in the small club of nuclear countries. The world's four wealthiest countries have about half the global economy.

John Paulson: Suddenly Bearish On The Economy

Reuters | Posted 05.25.2011 | Business

Hedge fund manager John Paulson said this week that he is less certain about the U.S. economic outlook, and has pared positions slightly as a result, ...

'Off The Grid': 9 Amazing Attempts To Live Without The Electricity Grid (PHOTOS)

Nick Rosen | Posted 05.25.2011 | Books
Nick Rosen

Those who seek to live this way want to do so without obstacles like zoning, building permits, or social ostracism (all of which I encountered).

David Brooks' Big Wet Kiss To Hedge Fund Managers

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Because they weren't playing with other people's money, hedge fund managers were more careful than the big banks? How fatuous is Brooks' analysis? Let's count the ways.

Arthur Delaney

Bill To Ban Members Of Congress From Becoming Lobbyists Wins Cosponsor In Senate

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Politics

A long-shot proposal to ban former members of Congress from K Street for life won a cosponsor on Monday in Montana Democrat Sen. Jon Tester. "From an...

In The Public Interest: Why Do We Let Companies Abandon Ship on Taxes?

Nicole Tichon | Posted 05.25.2011 | Politics
Nicole Tichon

While much of the focus of the BP oil spill has rightfully been on the families, the environment and the businesses affected, it has also allowed anot...

In The Public Interest: An Oil Industry Tax-Dollar Leak No Amount of "Top Kill" Can Stop

Phineas Baxandall | Posted 05.25.2011 | Politics
Phineas Baxandall

President Obama and Congress need to get some serious "top kill" going on the corporate tax loopholes which allow greedy corporations to shirk their responsibilities and billions of dollars to tax bills of those who play fair.

In The Public Interest: Something for Nothing 2.0

Nicole Tichon | Posted 05.25.2011 | Politics
Nicole Tichon

Every year, American taxpayers who play by the rules - individuals, small businesses and even a lot of bigger businesses - have to pay a lot of extra "something" because of all the tax dodgers who pay nothing.

In The Public Interest: Close the Loophole. Really.

Nicole Tichon | Posted 05.25.2011 | Politics
Nicole Tichon

On Saturday Night Live, the "Weekend Update" sometimes includes a segment in which Seth Myers and Amy Poehler will report a fairly ridiculous - but tr...

Why Are 25 Hedge Fund Managers Worth 658,000 Teachers?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

While hedge fund managers are living large, teachers everywhere are getting the axe. Our economic system isn't rewarding real value.

The 5 Best-Paid Hedge Fund Managers (PHOTOS)

Huffington Post | Posted 05.25.2011 | Business

We heard a lot about CEO pay when Wall Street firms doled out their annual bonuses earlier this year. Of course, any bonus at all could be interpreted...