UPDATE #HedgePapers No. 26 – Puerto Rico: Pain and Profit

21 Mar 2017
UPDATE: After years of crisis and austerity that have resulted in a poverty rate of 45 percent, it’s hard to imagine that conditions could get much worse for the people of Puerto Rico. But if the island’s bondholders have their way, that’s exactly what’s going to happen. Puerto Rico is facing a new round of draconian budget cuts that promise to intensify the hardships that the population is already facing.... Read More

#HedgePapers No. 29 – Hidden Donations Brought to Light: How the Wealthy Elite Tried to Defeat Proposition 30

17 Jul 2016
In 2012, California voters widely supported Governor Brown’s Proposition 30, a ballot measure designed to raise revenue for public schools. It was premised on the common sense idea that the state’s millionaires and billionaires pay their fair share of taxes to fund public schools. Many of the wealthiest Californians, especially hedge fund managers and private equity investors, did not like that they were being pressured to pay higher taxes.... Read More
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Partner Paper No. 3: Wall Street Money & Massachusetts Schools

17 Dec 2015
Hedge Clippers is happy to partner with Massachusetts Jobs With Justice to bring you a new expose on how huge amounts of out-of-state hedge fund cash is now pouring into Massachusetts to fund lobbyists and politicians with the aim of privatizing education in the Bay State. Read Wall Street Money & Massachusetts Schools Since 2014, hedge fund managers have spent millions to try to eliminate New York’s cap on charter schools, with much of that money funneled through Families for Excellent Schools.... Read More
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#HedgePapers No. 16 – Hedge Fund Billions Boost Cuomo’s Privatization Push

8 Jun 2015
HEDGE FUND BILLIONS BOOST CUOMO’S PRIVATIZATION PUSH Why Won’t Hedge Funders Confess Their Role in Multi-Million-Dollar Lobbying Campaign? More than $13 million has been spent since 2014 by two charter/privatization groups trying to eliminate New York’s cap on charter schools and win backing for an unprecedented tax credit that would divert huge amounts of public resources into private schools.... Read More
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#HedgePapers No. 11 – High Frequency Hucksters

29 Apr 2015
Right Wing Financial Traders From The Suburbs Bet Big On The Philadelphia Mayoral Race: Why are a group of conservative traders bankrolling a self-described Democrat in the Philadelphia mayoral election? Anthony H. Williams enjoys a long history of support from the founders of Susquehanna Investment Group (SIG), a dark pool “high-frequency trading” firm based in the wealthy suburbs of Philadelphia.... Read More
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#HedgePapers No. 10 – The Double Standard of Success Academy

20 Apr 2015
Hedge Fund Hypocrisy: The Double Standard of Success Academy Success Academy – the charter-school chain and political launching pad for anticipated mayoral candidate Eva Moskowitz — is a favored charity for many hedge fund managers.           But beneath their rhetoric about fighting poverty and supporting academic achievement is a real double standard.... Read More
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#HedgePapers No.7: Rahm Emanuel and his Hedge Fund Flash Boys

26 Mar 2015
Rahm’s top backers — high-frequency traders critiqued in the New York Times bestseller “Flash Boys” When looking at the top donors to Rahm Emanuel’s campaign, a theme eventually emerges out of the dark pools of campaign cash. Many of Rahm’s top contributors are heads of “high-frequency trading” funds—a murky and controversial trading strategy that is currently the subject of several class-action lawsuits.... Read More
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