#HedgePapers No. 15 – Cuomo’s Cronies: How Private School Billionaires Are Banking On Tax Credits From The Governor

28 May 2015

Cuomo’s Cronies: How Private School Billionaires Are Banking On Tax Credits From The Governor Cuomo’s Latest Scheme: Tax Refunds for Billionaires Who Donate to Elite Private Schools and Privatized Charter Schools Andrew Cuomo is probably the first Democratic governor in history to back tuition tax credits and taxpayer-funded subsidies to wealthy families who send their children to elite private schools.... Read More

#Hedgepapers No. 14: The Gift of Greed – How Hedge Fund Philanthropists Increase Inequality

11 May 2015

The Gift of Greed: How Hedge fund Philanthropists Increase Inequality “Consider this … your Yom Kippur. You’re going to donate a lot of money. Not enough, obviously, to offset all the s- you’ve done, but a lot.” – Jon Stewart at Robin Hood Foundation gala in 2009[1] The governing boards of the Robin Hood Foundation, an anti-poverty charity, are a picture of the extreme and growing concentration of wealth in American society.... Read More

#HedgePaper No. 12 – Cancerous Cash

3 May 2015

CANCEROUS CASH: HOW HEDGE FUNDS DESTROY AMERICAN HEALTH If you’re not looking carefully, you would never know that the Sohn Conference is actually a fundraiser for pediatric cancer – the promoters behind the event pretty much describe it as a hedge fund beauty pageant. » read more... Read More

Open Letter to the Sohn Conference Foundation

2 May 2015

May 1, 2015 The Sohn Conference Foundation c/o EisnerAmper 750 Third Ave, 22nd floor New York, NY 10017 Board of Directors: Douglas Hirsch, Daniel Nir and Evan Sohn RE: Concerns regarding the Sohn Conference Foundation mission and scheduled speakers at the 20th Annual Sohn Investment Conference To the Board: We write to raise our serious concerns regarding the mission of the Sohn Conference Foundation and the scheduled speakers at the 20th Anniversary Sohn Investment Conference.... Read More

#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

Mansion Paper #1: Paul Tudor Jones

9 Apr 2015

Paul Tudor Jones, self-described income inequality crusader, purchases $71.2 million mansion Hedge fund billionaire Paul Tudor Jones, who waxed apologetic about income inequality at his recent TED Talk, has just snapped up another waterfront mansion, this time on Palm Beach Florida’s “Billionaires’ Row.” It’s an important investment for Tudor Jones, who only owns two other waterfront mansions.... Read More

#HedgePapers No.8: Paul Singer

7 Apr 2015

Paul Singer—market master or litigious vulture? The mythos of the hedge fund manager is defined by a perceived mastery over market forces. Commentators often ascribe supernatural powers that hedge fund managers supposedly have over the market. Titles like “Hedge Fund Market Wizards” and “Money Mavericks” are typical. Paul Singer is decidedly not a master of the markets.... Read More

#YachtPaper No.1: Albany to Billionaires, Let Them Have Tax-Free Yachts!

31 Mar 2015

ALBANY’S LATEST TAX BREAKS FOR BILLIONAIRES Hedge Fund Managers and their Yachts and Planes and Helicopters; the State Budget and Cuomo and the Senate GOP; and the new multimillion dollar tax breaks for billionaires on their luxury toys This year’s New York state budget includes new sales tax exemptions for luxury yachts and private aircraft, including private jets and helicopters.[i]... Read More

#HedgePapers No.6: Daniel Loeb

19 Mar 2015

Daniel Loeb: BAD BEHAVIOR, BAD POLITICS, BAD KARMA A yoga devotee is calm, spiritual and concerned about the welfare of others—unless the yoga devotee in question is Dan Loeb, who is known for publicly excoriating executives and relentlessly pursuing the accumulation of more wealth than most people could spend in a hundred lifetimes.... Read More

#HedgePapers No.5: Paul Tudor Jones

12 Mar 2015

PAUL TUDOR JONES: Robin Hood or Robber Baron? Paul Tudor Jones II is an American billionaire with a reported net worth according to Forbes of $4.6 billion.[1] He is the founder of the Tudor Investment Corporation, a private asset management company and hedge fund. He resides in Greenwich, Connecticut, does the bulk of his business in New York City, and makes large-scale political contributions in a number of states.... Read More