HEDGEPAPER NO. 63 THE HEDGE FUNDS THAT KILLED TOYS “R” US STILL PREY ON PUERTO RICO

Solus Alternative Asset Management & Angelo Gordon PDF of HedgePaper No. 63 (English)Download PDF of HedgePaper No. 63 (Spanish)Download Introduction The hedge funds that forced Toys R Us to shut down and threw tens of thousands of workers out of their jobs have played a similarly destructive role in Puerto Rico, speculating on government-issued debt and using aggressive tactics to pursue massive profits at the direct expense of Puerto Ricans....

HEDGEPAPER NO. 62: DAN MCKEE AND THE RIGHT-WING BILLIONAIRES WHO BACK HIM

Download HedgePaper No. 62Download Dan McKee has made some very powerful and very wealthy friends.  It’s worked out well for him — but not so great for regular families in Rhode Island.  As the former Mayor of Cumberland and current Lieutenant Governor, McKee has pushed policies that have undermined Rhode Island’s public schools and thrown into question his commitment to holding accountable those who profited from the opioid crisis.  ...

Open Letter to the Sohn Conference Foundation

ON HEDGE FUNDS, PHILANTHROPIC HYPOCRICY & CANCEROUS CASH   April 30, 2016 The Sohn Conference Foundation c/o COO Tiffany Stevens & Paula Bernstein, Development Manager 750 Third Ave, 22nd floor New York, NY 10017 SENT VIA EMAIL Board of Directors: Douglas Hirsch, Daniel Nir, Evan Sohn, Graham Duncan RE: Concerns regarding the Sohn Conference Foundation mission and scheduled speakers at the 2016 Sohn New York Investment Conference To the Board: In 2015 we wrote a letter raising serious concerns regarding the mission of the Sohn Conference Foundation and the scheduled speakers at the Sohn Investment Conference who do business in direct conflict of your mission....

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

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 Eva Moskowitz: John Paulson’s Cash Is Tainted

August 5, 2015 Eva Moskowitz Success Academy Charter Schools Chief Executive Officer Dear Eva Moskowitz: Hedge fund manager John Paulson recently gave $8.5 million to Success Academy, your charter school network here in New York City. This is tainted money connected to policies and actions that are harming the lives of Puerto Rican families and school children....

Hedge Clippers Presents “The LLC Files”

HEDGE CLIPPERS PRESENTS “THE LLC FILES” HedgeClippers.org now includes a searchable online database of contributions from LLCs to state, local and county candidates and committees in New York since 1999, with collaborative tools to encourage crowd-sourced investigation and analysis of the shady world of New York’s LLCs at http://hedgeclippers.org/llcfiles/.  New York law allows corporations to evade statutory limits on campaign contributions by treating individual LLCs as separate corporations, whether or not they are linked to a single individual, corporation or firm....