Governor Cuomo: Return Campaign Donations from Hedge Funds Profiting off Puerto Rico Debt Crisis

3 Sep 2015

September 3, 2015 Dear Governor Cuomo, Finally, you’ve broken your silence on the Puerto Rico debt crisis! After we urged you last month to speak out on the debt crisis in Puerto Rico, you announced this week you will lead an investigatory delegation to examine the economic and financial crisis there But we remain outraged at the fact that many of your hedge fund donors continue to exploit the suffering of Puerto Ricans....

Hedge Clippers to Cuomo: Stand with Puerto Rico — Not With Hedge Fund Billionaires

30 Jul 2015

Download as PDF or read below

July 30, 2015 Dear Governor Cuomo – It is with a growing sense of outrage that we write to you today about the horrifying debt crisis in Puerto Rico. This is a crisis that several of your top New York hedge fund donors are actively exploiting and deepening, in a shameless, morally repugnant effort to make as much money as possible....

#HedgePapers No.3: Hedge Funds and the Destruction of the Upstate Economy

2 Mar 2015

Alternative asset managers and the damage they inflict on New York communities: It’s a real life Hunger Games. The financial elite cloister themselves away in gleaming taxpayer-subsidized towers, sitting on riches they earned by devastating economies in upstate New York and beyond. They earn special treatment from Governor Andrew Cuomo and his buddies in the State Senate by splashing their ill-gotten gains into political races....

#HedgePapers No.2: One57

24 Feb 2015

In January 2013, New York Governor Andrew Cuomo signed a housing bill that contained special carve-outs for a select few property developers, many of whom were major donors to his campaign coffers. One of the developments that got special treatment is One57, a development catering not to the 1%, but to the 0.0001%....