#Hedgepapers No. 40- High-Priced Hustle: How Hedge Funds Have Made Billions Cheating Ohio’s Public Pensions

24 Oct 2016

Wall Street’s Big Scam: Higher Fees, Lower Returns Introduction: Ohio’s Public Pensions and the Great Recession The Great Recession hit Ohio hard. From leading the nation in foreclosures at the onset of the economic crisis[1] to losing over 400,000 jobs between 2007 and 2009,[2]families and neighborhoods across the state felt the devastating impact of Wall Street’s greed and risk-taking.... Read More

#Hedgepapers No. 14: The Gift of Greed – How Hedge Fund Philanthropists Increase Inequality

11 May 2015

The Gift of Greed: How Hedge fund Philanthropists Increase Inequality “Consider this … your Yom Kippur. You’re going to donate a lot of money. Not enough, obviously, to offset all the s- you’ve done, but a lot.” – Jon Stewart at Robin Hood Foundation gala in 2009[1] The governing boards of the Robin Hood Foundation, an anti-poverty charity, are a picture of the extreme and growing concentration of wealth in American society.... Read More