Trump Promised To End Hedge Fund Handout (He's Increasing It)

Only the Little People Pay Taxes

Bonanza for the Super-Rich: The Fund Managers' Tax Break

http://www.truth-out.org/opinion/item/30162-bonanza-for-the-super-rich-the-fund-managers-tax-break
"Handing taxpayers' money to some of the richest people in the country increases inequality."

Chris Christie update: Scandals are still brewing

Chris Christie ‘Pensiongate’?

Pensiongate? Christie Campaign Donors Won Huge Contracts | The Nation

Pensiongate? Christie Campaign Donors Won Huge Contracts | The Nation

"While trumpeting “pension reform,” the New Jersey governor placed retiree assets in the hands of hedge fund managers bankrolling his political career."

8 of the Most Clueless, Offensive Statements by America's Out-of-Touch Rich People

www.alternet.org/economy/they-dont-get-it-8-most-clueless-statements-1
"Five years after Wall Street wrecked the economy, the rich are doing better than ever: the Dow is at record highs, while the 1% control more of the country’s (and the world’s) wealth than ever before.
So why are the wealthy so cranky? The last couple months have seen a surge in CEOs, hedge fund managers and startup entrepreneurs whining about how tough they have it, while lecturing the working class about how they need to stop that very whining. According to the wealthy, they do all the work, earn all the money, and yet practically live like paupers."

Hedge Fund Landlords: Wall Street’s Scary Plan For Screwing Main Street

www.addictinginfo.org/2014/01/27/hedge-fund-landlords-hurting-renters/
"All reward and no risk is how Wall Street likes to advertise its investments. But they don’t care about their investors. They don’t care about the families they hurt. They don’t care about sticking taxpayers with the bill for their mistakes. All they care about is profit. So they’ll hurt the families renting their properties, and they’ll hurt homeowners, and they’ll hurt their investors, all so they can rake in their dough."

Wall Street’s Frightening New Plan To Become America’s Landlord

www.thinkprogress.org/economy/2014/01/24/3203471/wall-street-landlord/
"Banks, hedge funds, and private equity firms have been amassing those real estate holdings for a few years now, but their plan for wringing profit out of the rental market is just starting to draw real scrutiny. The New York-based hedge fund Blackstone Group is now the nation’s largest landlord after purchasing over 40,000 foreclosed family homes for the purpose of renting them out."

How Many Rotting Apples Do Our Hedges Hide?

How Many Rotting Apples Do Our Hedges Hide?
"High-profile prosecutions only hint at the crime and ethical misbehavior rampant in America’s most rewarding high-finance suites."

How Did Major Hedge Fund Earn 30% Returns for 20 Years Straight? Lots of Cheating | Alternet

How Did Major Hedge Fund Earn 30% Returns for 20 Years Straight? Lots of Cheating | Alternet
"There are 8,000 hedge funds, and they are up to their eyeballs in unethical behavior."

Disaster Capitalism Strikes as Hedge Funds Circle Near-Bankrupt Municipalities Like Vultures | Common Dreams

Disaster Capitalism Strikes as Hedge Funds Circle Near-Bankrupt Municipalities Like Vultures | Common Dreams
"In Detroit, a once bustling city at the center of the US economy, the hedge fund vultures are circling.
But first, a moment of background, employing Naomi Klein's contemporary classic The Shock Doctrine, which tells the story of how purveyors of aggressive capitalism take advantage of crises and public vulnerability in order to push through neoliberal policies and profit-motivated financial arrangements."