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Sheelah Kolhatkar: Hedge Funds Are The Robber Barons Of Our Time

And have enjoyed unfair advantage for far too long
Sunday, April 2, 2017, 10:14 AM

Sheelah Kolhatkar, former hedge fund analyst and staff writer at the New Yorker, thinks hedge funds have enjoyed enormous unfair advantages for far too long.

In her recent book Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street, she details out how many hedge funds use financial engineering and accounting tricks -- legal and illegal -- to fill their coffers at investor expense. And then they use those ill-gotten gains to influence politics. » Read more

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US Congress Defangs Enforcement of Its Own Insider Trading

US Congress Defangs Enforcement of Its Own Insider Trading

"The rules will be changed" when those in power don't like what's happening