Showing posts with label Hedge Funds. Show all posts
Showing posts with label Hedge Funds. Show all posts

Monday, September 10, 2012

How One Hedge Fund Millionaire Is Trying To Buy A Seat In Congress

How One Hedge Fund Millionaire Is Trying To Buy A Seat In Congress: Robert Mercer, the millionaire hedge-fund manager has been a consistent funder of right wing causes. In recent years, the co-CEO of Renaissance Technologies has bankrolled an Islamaphobic effort to stop a Muslim Community Center in New York City, given $1 million each to the pro-Mitt Romney Restore Our Future super PAC and Karl Rove’s American [...]/p

Thursday, August 23, 2012

Meet the Washington Sugar Daddies Who Keep Wall St. Flush with Cash | Alternet

Meet the Washington Sugar Daddies Who Keep Wall St. Flush with Cash | Alternet
"How much is democracy worth to you?
If you’re like most people, it’s priceless. But for the hedge funds and insurance companies on Wall Street, it does have a price tag. And now, thanks to a new report by Global Exchange, we know the number on it: approximately $4.2 billion. That’s how much the Finance, Insurance, and Real Estate (F.I.R.E.) sector has invested in political influence through campaign contributions and lobbying since 2006. That comes to $1,331 a minute spent on political power."