Vulture Fund Power Players: The lawyers, lobbyists, and trade groups fueling Wall Street predation

21 Feb 2023
[ENGLISH] Vulture Fund Power Players Hedge Clippers Report Feb 2023 FINALDownload [SPANISH] LOS CABECILLAS DE LOS FONDOS BUITRES Hedge Clippers Report Feb 2023 FINALDownload February 2023 Contributors The Center for Popular Democracy is a nonprofit organization that promotes equity, opportunity, and a dynamic democracy in partnership with innovative base-building organizations, organizing networks and alliances, and progressive unions across the country.... Read More
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HEDGE PAPERS NO. 67: VULTURE HEDGE FUNDS ATTACK CALIFORNIA

19 Jun 2019
VULTURE HEDGE FUNDS ATTACK CALIFORNIA – “Quick profits for Wall Street” versus safe, sustainable, affordable energy Dozens of hedge funds are now speculating in shares of PG&E, the huge California utility, with several high-profile vulture funds demanding seats on the board and fighting for control of the company. PG&E was plunged into bankruptcy after decades of irresponsible corporate practices led to massive wildfires and billions in new liabilities.... Read More
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HEDGE PAPERS NO. 64: SEVEN WALL STREET BILLIONAIRES TRY TO BUY NEW YORK ELECTIONS

28 Oct 2018
PDF of hedgepaper #64 Hedge fund billionaires are once again attacking elections in New York, pouring millions into candidates, PACs and Super PACs aimed at keeping Congress and Albany – and particularly the State Senate – in Wall Street’s hands. Just seven billionaires gave over $30 million in New York state and federal campaign contributions this cycle.... Read More

REPORT NO. 52 BILLIONAIRES WOULD DOMINATE ANY NEW YORK CONSTITUTIONAL CONVENTION

2 Nov 2017
BILLIONAIRES WOULD DOMINATE ANY NEW YORK CONSTITUTIONAL CONVENTION If there’s one important thing tying together the biggest issues in government, politics and the economy, it’s the rise of a new class of billionaires that are destroying the economy, corrupting our government, exploding inequality and rigging the system for their own benefit.... Read More

HEDGE PAPERS NO. 46: NEW YORK’S BILLIONAIRES AND THEIR LUCRATIVE LOOPHOLE

7 Mar 2017
How Our State Can Raise Billions by Taxing Carried Interest  Across the country, states like New York stand to gain billions of dollars in revenue by closing the carried interest loophole.  It’s a long overdue element of financial reform that the federal government has failed to enact, despite bipartisan support for tax fairness.... Read More

#Hedgepapers No. 39-HEDGE FUND BILLIONAIRES ATTACK THE HUDSON VALLEY

20 Oct 2016
WALL STREET GOES ALL IN TO SAVE TAX BREAKS FOR THE WEALTHY Hedge funds and billionaire hedge fund managers are destroying our economy, corrupting our government, hurting families and communities and exploding inequality. It’s happening all over America, and increasingly all over the world. And now it’s happening in the Hudson Valley.... Read More

#HedgePapers No. 36 – Hedge Funds Attack Ohio: How Wall Street Greed Has Destroyed Jobs and Harmed the Economy in the Buckeye State

8 Sep 2016
Introduction and Overview The issues of job loss, outsourcing, trade and the economy are front and center in this year’s elections, especially in Ohio. Yet there hasn’t been nearly enough attention on the role of Wall Street investors and hedge fund managers in the destruction of American jobs here. These influential figures from New York’s wealthy elite are also among the biggest contributors of campaign cash to politicians who have harmed Ohio’s working families and undermined the economic interests of our communities.... Read More

#HedgePapers No. 28 – Hedge Funds and Fossil Fuels

10 Mar 2016
Fossil fuel companies are at the root of the climate crisis. Indeed, according to a recent study in the journal Climatic Change, the climate crisis of the 21st century “has been caused largely by just 90 companies, which between them produced nearly two-thirds of the greenhouse gas emissions generated since the dawning of the industrial age.”[1] ... Read More
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#HedgePapers No. 25 – Endangered Endowments: How Hedge Funds Are Bankrupting Higher Education

7 Feb 2016
The Harmful Role of Hedge Funds in University Endowments University endowments play an important role in the lives of students, faculty and other campus workers. Endowments are funded by donations, and universities use the investment returns to pay for improvements to buildings and facilities, provide scholarships, fund teaching and learning, and provide other services and economic support to the surrounding community.... Read More
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#HedgePapers No. 24 – Puerto Rico Hedge Fund Vulture Holdouts

3 Nov 2015
Los Tiranos, Los Vampiros, y El Terminator (The Tyrants, the Vampires, and the Terminator) The Puerto Rican debt crisis has recently reached a new stage in negotiations between the government and its bondholders: deals have been reached with many creditors and ad hoc groups have fallen apart, but several creditors are continuing to hold out, intending to squeeze massive profits out of a Puerto Rico on the brink.... Read More
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