In a resounding sign of no confidence, hedge fund billionaire Bill Ackman has dumped the 3.1 million shares of Netflix that his fund purchased just three months ago, saying he has lost confidence in the ability to predict the streamer’s future prospects.
A new book revealed Monday indicates Biden family corruption schemes that sought to enrich son Hunter and brother Jim Biden while Joe Biden was the ranking member on the Senate Foreign Relations Committee.
President Joe Biden has revealed a $2.25 trillion dollar infrastructure proposal to build two million homes and apartments while big money funds are quickly scooping up nearly all available single-family homes.
The top 25 hedge fund bosses made $32 billion in 2020, according to Institutional Investor’s annual Rich List.
Texas attorney general Ken Paxton, who is investigating Google in a multi-state antitrust case and recently launched an investigation into the trading app RobinHood, joined Breitbart News editor-in-chief Alex Marlow on Breitbart News Daily on SiriusXM Monday morning.
Populist movements against ruling elites have been the big political story of the past five years. But at the very moment when elites appear to be winning political battles again, a new threat to their power emerges — this time aimed at Wall Street rather than Washington.
Treasury declared that hedge funds are primarily engaged in speculative activity and so are not eligible for the rescue loans.
Some of the hedge funds that long ago made bets on the recovery of Fannie Mae and Freddie Mac have greatly benefited in the first few weeks of 2019 as a Trump appointee ascended to become the acting chief of the regulator in control of mortgage giants.
Bill Ackman’s losing crusade sought to deploy all the weapons of public relations, lobbying, and the federal government against a public company.
Earlier this week, Fox News’ Tucker Carlson asked a guest on his show if it were true that the United States government has been “looting” Fannie Mae and Freddie Mac.
The founder of the world’s largest hedge fund says that populism is likely to to play a bigger role in the economy than monetary or fiscal policies over the next year.
Marc Mezvinsky, closed the hedge fund he co-founded, Eaglevale Partners, shortly after his mother-in-law, Hillary Clinton, lost the presidential election to Donald Trump.
Private equity investor and former Bill Clinton advisor Glenn Hutchins conspired with Hillary Clinton campaign manager John Podesta and Center for American Progress president Neera Tanden to ambush GOP nominee Donald Trump during a live television interview, leaked emails reveal.
Democrats have spent years insisting there is too much money in politics and angling to impose heavy regulations on Wall Street investors and hedge fund managers. But a review of political donations by hedge fund donors finds their big money has heavily favored Hillary Clinton over businessman Donald Trump.
Despite Congress being ready to pass special legislation to restructure its $70 billion in debt, the Governor of Puerto Rico announced that the U.S. Territory will default on July 1.
President Obama praised Republican presidential candidates former Florida Governor Jeb Bush and Donald Trump for their calls to end the carried interest loophole in a speech to the Business Roundtable on Wednesday. Obama said, “People in both parties, including some of
Republican presidential candidate Donald Trump stated that taxes for high income earners are “going to go down a little bit,” but “The hedge fund guys are going to have to pay” and that he will cut middle and corporate taxes
Republican presidential candidate Donald Trump stated that “Corporations paying far too much, far too much. Middle income people are being decimated” and “I was only kidding” in reference to a prior statement that “hedge fund guys are going to pay
HBO host Bill Maher stated Republican presidential candidate Donald Trump is “pretty good” on taxing hedge fund managers and closing “loopholes on the super rich” on Friday’s “Real Time.” Maher said, “here’s the interesting thing about Donald Trump, why it’s a
Republican presidential candidate and former Texas Governor Rick Perry stated, “I’d go back to more the 1986 model that Ronald Reagan had in place” on taxes and would tax hedge funds how they did in 1986, but that investors paying
South Carolina Senator and Republican presidential candidate Lindsey Graham said, “if you’re looking for a Republican, Joe, to do revenue, count me in” in a discussion of his tax policy, elaborating that he would “close many tax loopholes” and “increase
Republican presidential candidate Donald Trump said “I want to have middle income pay less, and I want to have even upper middle income, and even in some cases, people that are pretty wealthy, pay less,” and “I’m not looking to
Republican presidential candidate Donald Trump stated that he would release his tax plan over the next month and “I believe we’ll end up with a tax reduction.” Trump also said that while he wants to lower taxes, some people, like
Republican presidential candidate Donald Trump said he “would take carried interest out” and that people who make money from hedge funds and limited real estate partnerships should pay more in taxes in an interview on Wednesday’s broadcast of Bloomberg TV’s
Hillary Clinton’s son-in-law Marc Mezvinsky is a hedge fund manager for Eaglevale Partners, LP—although he may not be a very skilled one. Mezvinsky married Chelsea Clinton, Bill and Hillary’s daughter, in 2010.
