#HedgePapers No. 19 – HEDGE FUNDS ATTACK BALTIMORE

6 Aug 2015
HEDGE FUNDS ATTACK BALTIMORE: Billionaire financiers want huge profits from tax liens on Baltimore’s poorest residents Baltimore is one of the only cities in the country to auction off tax liens originating from unpaid residential water bills, and it allows residents to have their debts sold when they accumulate to a mere $250, significantly less than other major cities.[1] Baltimore also takes the lead when it comes to penalty interest rates, which the City allows to run as high as 18% per annum.... Read More
Hedge Paper 19 cover