“A hedge fund that serves a bunch of billionaire family offices? Who cares? They don’t get to summer in the Hamptons? Who cares!”
"They don't get to summer in the Hamptons? Who cares?" Chamath Palihapitiya said, immediately becoming a social media hero.
Two Democrats (so far) have said no to hedge fund employees holding Puerto Rico debt for profit.
Even as his own lawyer said he wanted to punch Shkreli out, he begged the court for mercy. Too late for that, Pharma Bro.
"That's not draining the swamp. That's a question of fairness for Americans," Scarborough said. "They do understand fairness."
Who benefits from the Republican tax bill?
Don't let Puerto Rico declare bankruptcy! say Hedge Funds that bet Puerto Rico wouldn't declare bankruptcy.
Do you really want Wall Street hedge funds- hedge funds being the ultimate speculators on Wall Street- running our educational system?
Hedge fund CEOs and various kinds of slick venture capitalists see tapping the public education "market"- the pool of public dollars federal, state, and local governments spend on education- as a great new way to make big bucks. Many of these investors hoping for big payoffs, including some of the Walton family and the Koch brothers, also have very conservative political agendas. So when you hear politicians from both parties tout all the glories of charter schools and vouchers, ask yourself this question: Do you really want Wall Street hedge funds- hedge funds being the ultimate speculators on Wall Street- running our educational system? Will we have charter school-backed securities that these hedge funds can speculate in and manipulate the price of? Charter school bubbles that will blow up in our faces? If charter schools don't make quite as much money as the hedge funds think they will, will there be a massive disinvestment in schools?
Matt Taibbi will have a field day with this if the Dems are dumb enough to name him.
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