Trump’s top officials are in the pocket of Big Tech. It remains to be seen whether Democrats will be much better.
hedge funds
Posted inMoney, Politics, and Power
Privatizing Speculative Gain, Socializing Risk
Trump’s grand design for Fannie Mae ignorantly repeats a sordid history.
Posted inEconomic Policy
The Great Trump Crash?
Emergency warnings are lighting up all over financial markets, solely because of Donald Trump.
Posted inLaw and Justice
Biden Nominee Asked About Discrepancies in Testimony
Sparkle Sooknanan said she wasn’t lead counsel representing vulture funds with Puerto Rican debt. Legal records and her own law firm say otherwise.
Posted inLaw and Justice
Biden Judge Nominee Worked for Vulture Funds Holding Puerto Rican Debt
Sparkle Sooknanan served as one of Jones Day’s lead attorneys for a series of investors trying to maximize payouts from the struggling U.S. territory.
Posted inTAP
Argentina: Vultures Come Home to Roost
Today on TAP: How America’s most predatory hedge funds deepened Argentina’s economic miseries and helped invite a far-right reaction
Posted inEnergy and the Environment
Activist Hedge Fund Turns the Screws at NRG Energy
Elliott Management is asking FERC to let it purchase up to one-fifth of the common stock in a Texas utility.
Posted inTAP
The Soaking at Bed Bath & Beyond
Today on TAP: Who bought all that stock, as the retailer was on the route to bankruptcy?
Posted inMoney, Politics, and Power
The Hedge Fund’s Man at the Democratic National Committee
Despite the opposition of unions, Nancy Pelosi, and the FCC, DNC honcho Cedric Richmond backs a hedge fund takeover of 60 TV stations.
Posted inMoney, Politics, and Power
The Easiest Criminal Indictment Ever
The rapid arrest of Sam Bankman-Fried offers a small bit of hope that we’ve turned the page on an era of no accountability.