25 Jun 2020

Time to Declare War on the Carried Interest Tax Loophole

Three of the most predatory and lucrative investment categories that victimize millions of Americans and evade their respective tax responsibilities all have a common denominator: the esoteric tax loophole known as carried interest. Now, it is time to close it. This tax loophole is the most protected in the collected

06 Apr 2020

Hedge Funds Push for Access to COVID Bailout Money

  When the federal government creates a huge program that offers loans to large segments of the population, it will also attract a disproportionate number of opportunists, fraudsters and white-collar criminals. The current $2 trillion bailout, the first in what is expected to be a number of federal loan programs

05 Nov 2019

Carried Interest Helps Explain Jones’ Buttigieg Endorsement

  Nothing smacks of self-interest better than a rich person trying to defend their wealth. Self-interest is as old as human and animal DNA, so it is no surprise that it’s still a paramount concern today. It also is no surprise that self-interest among the very rich plays a role

30 Dec 2015

Hedge Funds Push Conservative Candidates to Maintain Their Edge

When you are a master of the universe, you have to make sure your place on earth is secure. That’s why the nation’s largest hedge funds have been pushing the odds, gaming the system, working to get the edge and hedging their bets to get the most bang for their