14 Apr 2020

Hedge Funds Claim They Are “Small Businesses” to Get COVID Bailout Money

There is a great scene in the movie “Titanic” when the chairman of the White Star Steamship Company, J. Bruce Ismay, the heir to the family that owned the Titanic, sneaks into a lifeboat that was reserved for women and children.  In the movie, Ismay pushes past one of the

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