Category Archives: Hedge funds

The Financialization of Child and Elder Care: The Tax Justice Network December 2019 Podcast

Private equity is moving in a big way into elder and child care services in the UK. Patients and parents beware.

Tucker Carlson Tears into Vulture Capitalist Paul Singer for Strip Mining American Towns

Tucker Carlson takes on the feared vulture capitalist Paul Singer as an examplar of how hedge funds are destroying American communities.

CalPERS Still Owns Toxic National Enquirer Via Hedge Fund Chatham; CEO Marcie Frost Falsely Says It Was Sold; Columbia Journalism Review Depicts Pending Sale as a Sham

CalPERS is trying to pretend it is done with the National Enquirer. A pending sale would still have CalPERS subsidizing the Enquirer’s costs.

‘Destroyer of Newspapers’ Vulture Fund Buys Majority Stake at Tribune Publishing

Newspaper unions express fear that Alden Global Capital “is looking to bleed its next chain of newspapers dry.”

Private Equity Under the Hot Lights Today at House Financial Services Committee Hearing, “America for Sale?”

Private equity gets some long overdue scrutiny.

Roiled Repo Markets: Looking for Answers in All the Wrong Places

If you are worried about repo, you are worried about the wrong thing. If anything, it’s a symptom of too much liquidity demand from the FX swaps market.

Trump’s Fannie/Freddie Privatization Giveaway: Why GSE Reform Is Hard

GSE reform is baack! Or not.

CalPERS’ Hedge Fund With 34% Stake in National Enquirer Parent Alleged To Be “Parking” Rather Than Selling (Updated)

Some funny-looking business with CalPERS desire to be rid of National Enquirer’s parent, American Media.

Liquidity Fears Hit Other UK “Equity Funds” as Investors Remain Trapped in Woodford Fund

Shares of one fund plunged 22% on Friday. Other funds under pressure, raising serious questions about just how liquid “equity funds” in the UK are.

Mr. Market and the Press Diss Deutsche Bank’s Turnaround Plan

A hard look at Deutsche’s restructuring plan reveals a lot not to like

1 In 6 Insured Hospital Patients Get A Surprise Bill For Out-Of-Network Care

Surprise bills don’t just come from the emergency room. Often, patients will pick an in-network facility and see a provider who works there but isn’t employed by the hospital.

Coping With World Bank-Led Financialization

The World Bank has successfully promoted its ‘Maximizing Finance for Development’ (MFD) strategy by embracing the United Nations’ Sustainable Development Goals, internationally endorsed in September 2015.

Los Angeles Times Barks Up the Wrong Tree With CalPERS/American Media Inc. (National Enquirer) Story

The Los Angeles Times tells the story of a CalPERS investment misfire to maximize the outrage factor, and does taxpayers a huge disservice by missing who the real perps were (mind you, not to say that CalPERS isn’t too easy a mark….)

Even Endowments Not Beating Vanguard….So What Good Are Those High Fee Private Equity and Hedge Funds?

Even endowments, the supposed best of best among diversified investors, are finding that their old alternative investment mojo isn’t working these days.