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Hedge Funds

Wall Street Banker Cohn Is Leading The Fight Against Bannon's Nationalism

Reuters | Paul Vale | Posted 04.16.2017 | Politics

In a White House marked by infighting, top economic aide Gary Cohn, a Democrat and former Goldman Sachs banker, is muscling aside some of President Do...

Carried Interest Is A Tax Scam Even Trump Can See Through

Robert Greenwald | Posted 04.11.2017 | Politics
Robert Greenwald

Imagine a tax scam so outrageous that even Donald Trump admits it’s inexcusable. Hard to believe, I realize, but it’s all on tape right here – a...

Trump's SEC Pick Deleted His Wall Street Bio. Here's What It Said.

The Huffington Post | Zach Carter | Posted 03.28.2017 | Politics

For years, the law firm of Sullivan & Cromwell touted the achievements of its partner Jay Clayton in a lengthy biography displayed on its website. Cla...

OpenSecrets Adds Data On Executive Branch Personal Finances – But White House Officials Have Yet To File Disclosures

OpenSecrets Blog | Posted 03.24.2017 | Politics
OpenSecrets Blog

by Alex Baumgart Today, the Center for Responsive Politics is releasing new personal financial data for members of the Trump administration. Collec...

Team Trump Insists They Will Get Tough On Wall Street … Someday

The Huffington Post | Zach Carter | Posted 03.11.2017 | Politics

WASHINGTON ― The Republican Party has been allied with Wall Street since the presidency of William Howard Taft. So its official 2016 policy platform...

6 Reasons Trump Is Too Weak To Save American Jobs

Les Leopold | Posted 03.07.2017 | Politics
Les Leopold

Rexnord of Indiana is moving to Mexico and rather viciously firing all of its 300 workers. This is happening all over our country. No more!— Donald ...

Where To Invest Your Money In The Trump Era

Stacy Johnson | Posted 03.07.2017 | Business
Stacy Johnson

Donald Trump is president, like it or not. And with a new administration comes changes in policy that will affect your portfolio. Some Trump policy ch...

Warren Buffett Rails Against Fee-Hungry Wall Street Managers

Reuters | Annum Masroor | Posted 02.25.2017 | Business

NEW YORK, Feb 25 (Reuters) - Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc sh...

Republicans Confirm Fox To Guard Chicken Coop

Peter Dreier | Posted 02.14.2017 | Politics
Peter Dreier

On Monday the Senate Republicans confirmed Wall Street predator Steve Mnuchin to oversee America’s financial industry. Across the country, bankers ...

Donald Trump And Paul Ryan Are Taking On Walmart And The Koch Brothers

The Huffington Post | Zach Carter | Posted 02.05.2017 | Politics

Time to get right with your God, America, because the end times must be upon us: Paul Ryan is taking on the Koch brothers. In June, House Republicans...

Donald Trump Is Breaking His Promise To Be Tough On Wall Street

The Huffington Post | Ben Walsh | Posted 02.03.2017 | Politics

UPDATE: Feb. 3 ― President Donald Trump signed executive orders on Friday that halt the Obama administration’s conflict of interest rule for retir...

The Goldman Sachs Effect

Nomi Prins | Posted 01.29.2017 | Politics
Nomi Prins

Cross-posted with TomDispatch.com Irony isn’t a concept with which President Donald J. Trump is familiar. In his Inaugural Address, having nominated...

5 Common Alternative Investments All Investors Should Know

Madelaine D'Angelo | Posted 01.24.2017 | Business
Madelaine D'Angelo

Broadly speaking, alternatives are investments in assets other than stocks, bonds and cash (commodities, for example) or investments using strategies ...

Trump Pick Mnuchin Denies Exploiting Homeowners After Crash

Reuters | Paul Vale | Posted 01.19.2017 | Politics

President-elect Donald Trump’s choice to head the U.S. Treasury, Steven Mnuchin, denied on Thursday that a bank he owned had profited at the expense...

How Hedge Funds Will Profit from School Privatization

Alan Singer | Posted 12.26.2016 | Education
Alan Singer

In the News: A number of news items in recent weeks show how powerful money-brokers work inside and outside the law in their war on public education i...

Platinum Partners turns to brass

OpenSecrets Blog | Posted 12.19.2016 | Politics
OpenSecrets Blog

U.S. Attorney Robert Capers points to a chart as he details charges in an indictment against Platinum Partners hedge fund chief investment officer Mar...

This Hedge Fund Billionaire Is The Biggest Winner In Trump's Victory

The Huffington Post | Paul Blumenthal | Posted 11.13.2016 | Politics

WASHINGTON ― To the victor belong the spoils. President-elect Donald Trump may have won election with the support of white working class and rural v...

Massachusetts Is Ground Zero In Battle Over Charter Schools

Alan Singer | Posted 10.13.2016 | Education
Alan Singer

Pro-public school voters must mobilize to stop the charter expansion campaign funded by outside "dark money" that threatens the future of public education in Massachusetts.

The Big Problem With TPP's Super Court That We're Not Talking About

The Huffington Post | David Dayen | Posted 08.29.2016 | Politics

A secretive super-court system called ISDS is threatening to blow up President Barack Obama’s highest foreign policy priority. Investor-state disput...

How Short-Term Activists Create Long-Term Value

Alex Edmans | Posted 08.24.2016 | Business
Alex Edmans

Activist hedge funds are often seen as the epitome of all that's wrong with capitalism. They cut investment, fire employees, and break contracts to boost the short-term stock price, and cash out before the long-term value destruction comes to light.

How Antonio Weiss Brokered The Only Major Economic Policy To Pass Congress This Year

The Huffington Post | Laura Barron-Lopez | Posted 08.24.2016 | Politics

WASHINGTON ― In 2015, as talk began to circulate on Capitol Hill of crafting legislation to help Puerto Rico manage its billions in debt, a hedge fu...

The Political Rhetoric Against Hedge Fund Managers Is Unjust

John I. Sanders | Posted 08.18.2016 | Business
John I. Sanders

I, like many of you, am outraged by the rhetoric of the leading presidential candidates. What's probably unusual about my outrage is that it stems from the maligning of hedge fund managers.

Trump’s Economic Team Is 38 Percent Steves, 60 Percent Free Trade Proponents

The Huffington Post | Zach Carter | Posted 08.05.2016 | Politics

WASHINGTON ― Donald Trump announced a 13-member economic advisory team on Friday and the list is … well, it’s a lot of rich guys, five of whom a...

The Stars of Equity Hope Movie Smashes Money Taboo for Women

Laura Goldman | Posted 08.02.2016 | Entertainment
Laura Goldman

The slogan for the movie, "Equity", which was a Sundance favorite, is a variation of the Gordon Gekko mantra-"Money is Good". The film, directed by Me...

Clinton And Wall Street: What's The Deal, Really?

OpenSecrets Blog | Posted 07.12.2016 | Politics
OpenSecrets Blog

If Clinton was bought by investment bankers, hedge fund managers and the like, we'd expect to see them donating in large numbers to her campaign committee; even though individual contributions to that account are limited to $2,700 for the primary and another $2,700 for the general election, they are a good measure of which parts of the economy are really drawn to a candidate.