Posted on 03 March 2011. Tags: Banks, Barclays, Citigroup, Financial Power, George Soros, Hedge Funds, Morgan Stanley, Quantum Fund
This may not seem like an earth-shaking moment but it is a telling truth about where money flows, who controls it and how little ability we have to oversee the shadow banking done at the margins of our economy. From the Financial Times: The top 10 hedge funds made $28bn for clients […]
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Posted in General Interest
Posted on 13 February 2009. Tags: Financial Crisis, George Soros, Unionization, Wages
I don’t want to hold up George Soros as the great thinker of the modern era. But, since the guy has billions of dollars (partly made by betting that currencies will collapse so if you are getting some of his money think of it as a make-up payment for leaving lots of people in […]
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Posted in General Interest