SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: J_F_Shepard who wrote (602459)3/4/2011 7:19:40 PM
From: Brumar892 Recommendations  Read Replies (1) | Respond to of 1574637
 
Hedge fund dollars don't come the "public" but from private investors. BTW one of the primary owners of the Democratic party and financier of most of the big liberal organizations, George Soros, is in the offshore hedge fund and tax avoidance business:

The Quantum Group of Funds are privately owned hedge funds based on Curaçao (Netherlands Antilles) and Cayman Islands. They are currently advised by George Soros through his company Soros Fund Management. Soros started the fund in the early 1970s along with Jim Rogers. The shareholders of the funds are not publicly disclosed although it is known that the Rothschild family and other wealthy Europeans put $6 million into the funds in 1969.[1]

In 1992, the lead fund, Soros's Quantum Fund became famous for "breaking" the Bank of England, forcing it to devalue the pound. Soros had bet his entire fund in a short sale on the ultimately fulfilled prediction that the British currency would drop in value, a coup that netted him a profit of $1 billion[2] (see Black Wednesday). In 1997, Soros was blamed for forcing sharp devaluations in Southeast Asian currencies .


Wikipedia



To: J_F_Shepard who wrote (602459)3/7/2011 11:36:27 AM
From: TimF  Read Replies (1) | Respond to of 1574637
 
Hedge fund dollars come from hedge fund investors, not from taxes. If hedge funds get bailed out or subsidized by the government (which generally hasn't happened in direct terms) then the thing to object to is the bailout or subsidy. If they broke the law, the thing to object to is their illegal activity. What they choose to pay their managers is none of your business.