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

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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

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