I continue to wonder what it will take to overcome some of the misguided perceptions that the public has about hedge funds. But getting the word out about their philanthropic generosity through events like these seems a very good place to start.
It is one of the grossest miscarriages of Wall Street power and government obeisance resulting in billions of consumer dollars going into the pockets of banks, hedge funds and traders producing and adding nothing to the economic wellbeing of the nation, other than lining their own pockets.
Bill Ackman, one of Wall Street's most influential hedge fund managers is pioneering a relatively young investment movement that mixes business strategy with philanthropy, yielding massive impact in the world.
It's not enough to study Occupy Wall St. as an American anomaly with a surprising lack of cohesion and a fascinating list of diverse demands. It can't be splintered off or explained away. This is the next phase of a global push for real democracy.
Populism is not so much a political stance (as "conservatism" is, for instance) as it is a political tactic. Meaning it can be used equally well by either side of our current American political divide.