Free Republic

Robert Mueller’s complex financial entanglements include investments linked to George Soros and Russia. During Mueller’s tenure at the FBI, high profile cases of financial wrongdoing within hedge funds that he invested in were ignored by federal law enforcement. An Offended America investigation has revealed that Robert Mueller’s holdings in a fund of funds expose him to Russian investments and to hedge funds tied to George Soros. Mueller’s exclusive hedge funds were not open to the general public, but rather wealthy private accredited investors. The minimum investment in several of the funds is $10 Million.Mueller’s Russian Financial Interests  Mueller has been an...

Bill Browder rose from rebellious grandson of the former head of the Communist Party USA, Earl Browder, to the leading foreign capitalist in Russia, as the founder and CEO of the high-flying hedge fund Hermitage Capital Management. But his rise was matched by a brutal and deadly fall, in which the Russian government would steal and destroy Browder’s company, and physically threaten its employees, culminating in the imprisonment, torture and death of Browder’s lawyer Sergei Magnitsky — the man for whom on account of Browder’s lobbying, the Magnitsky Act was named. Browder and a deceased Magnitsky would both be convicted...

(Full article title: Out of work: Chelsea Clinton's husband Marc Mezvinsky shut down his hedge fund in December just weeks after Hillary lost election) Marc Mezvinsky quietly shut down his hedge fund Eaglevale Partners back in December. Bloomberg reports that Mr. Chelsea Clinton and his partners are now working to return money to investors, including Goldman Sachs CEO Lloyd C. Blankfein. The decision to shutter the fund came just a few weeks after Mezvinsky's mother-in-law Hillary lost the election to president Donald Trump. Mezvinsky has kept a low profile ever since Hillary's loss in the election, but was photographed by...

Hedge fund manager Marc Mezvinsky had friends in high places when he bet big on a Greek economic recovery, but even the keen interest of his mother-in-law, then-Secretary of State Hillary Clinton, wasn't enough to spare him and his investors from financial tragedy. In 2012, Mezvinski, the husband of Chelsea Clinton, created a $325 million basket of offshore funds under the Eaglevale Partners banner through a special arrangement with investment bank Goldman Sachs. The funds have lost tens of millions of dollars predicting that bailouts of the Greek banking system would pump up the value of the country’s distressed bonds....

The soon-to-be White House chief strategist laid out a global vision in a rare 2014 talk, one where he said racism in the far right gets “washed out” and called Vladimir Putin a kleptocrat. BuzzFeed News publishes the complete transcript for the first time.

PHOENIX (AP) - A campaign finance violation complaint has been filed with the Maricopa County Recorder's Office against a newly formed independent political committee linked to hedge fund tycoon George Soros.

And guess where they’re located? That’s right: Facebook’s former building.I couldn’t make it up if I tried.Via: Bloomberg:An organization like the CIA or FBI can have thousands of different databases, each with its own quirks: financial records, DNA samples, sound samples, video clips, maps, floor plans, human intelligence reports from all over the world. Gluing all that into a coherent whole can take years. Even if that system comes together, it will struggle to handle different types of data—sales records on a spreadsheet, say, plus video surveillance images. What Palantir (pronounced Pal-an-TEER) does, says Avivah Litan, an analyst at Gartner...

Bernie Sanders loves to denounce the tax dodges of the wealthy (even as he pays 13.4% income tax on a $200K+ income), so it would be interesting to hear what he has to say about John Kerry, the current secretary of state and former Democratic Party nominee for president.  An analysis of public documents by the Daily Caller News Foundation indicates that Kerry and his wife liberally use offshore tax havens.  Richard Pollock writes: … a DCNF investigation has confirmed that the former Massachusetts Democratic senator and his billionaire wife, using an elaborate set of Heinz family trusts, have...

The following is based on a report by Cliff Kincaid for Accuracy in Media. The New York Times is quoting a spokesman for George Soros as saying that the well-known hedge fund operator is guilty of no wrong-doing in connection with the financial upheaval currently affecting Greece and Europe as a whole. But Zubi Diamond, author of the powerful new book, Wizards of Wall Street, says the agenda of Soros and other short sellers is clear. Their purpose, he says, is “to loot America and any foreign country which invested in America. Greece was one of them. Iceland was ravaged...

For the past year, media outlets like Politico and the Tampa Bay Times have raised questions about U.S. Rep. Alan Grayson, D-Orlando, and his management of a hedge fund, which spurned an investigation into the congressman by the House Committee on Ethics. Now, The New York Times is reporting the extent to which Grayson's two positions mingled: "The inquiry has become public, but emails and marketing documents obtained by The New York Times show the extent to which Mr. Grayson’s roles as a hedge fund manager and a member of Congress were intertwined, and how he promoted his international travels,...

Martin Shkreli, who drew national scorn for hiking the cost of a life-saving drug 4,000 percent overnight, has been arrested, according to multiple reports early Thursday.The 32-year-old founder and CEO of Turing Pharmaceutical made headlines in September for raising the price of Daraprim, often used to treat HIV and AIDS patients, from $13.50 per pill to $750 per pill after buying the rights to the drug.His arrest is reportedly not related to that price increase.Shkreli is accused of illegally taking stock from a biotechnology firm he launched in 2011 called Retrophin Inc., Bloomberg reported, and using it to pay off...

Computer automated hedge fund strategies weren't the only winners amid recent volatility. Hedge funds also appear to have timed oil’s recent slump and rebound. That's according to Bloomberg's Moming Zhou, who reports  that hedge fund significantly curbed their bearish positions in crude oil just after it fell to a 12-year low last week -- and then rebounded in its biggest jump since 2008. While oil had a brutal start to 2016 after a disappointing 2015 showing, many are coming around to the idea of a recovery in prices, as Citi argued it could be the trade of the year, some...

Billionaire George Soros, the Chairman of Soros Fund Management and founder of the Open Society Foundation, slammed the anti-Muslim rhetoric of Republican presidential candidates, Donald Trump, and Ted Cruz. In his essay (which is likely to make Trump even more popular with Putin), Soros emphasized that open societies are always endangered—the United States and Europe especially as a result of the recent terrorist attacks in Paris and elsewhere....

It has been an ugly year for the hedge fund industry. As a group, hedge funds have posted dismal returns. The average hedge fund is down 3.72% this year, according to Hedge Fund Research. The S&P 500, a commonly used benchmark to compare hedge fund performance, is down 2.59% this year. There have been numerous highly publicized hedge fund closings and redemptions in 2015. About 257 hedge funds closed in the third quarter, according to a report from Hedge Fund Research. That's up from 200 in the second quarter, which ended June 30. That took the total number of hedge...

When oil prices were spiking in 2008 and some commentators were predicting prices of $200 a barrel, many pundits and politicians turned to blame speculators and hedge funds for pushing prices upwards. That period of high prices passed and speculators avoided any tough new regulations in part due to mix empirical evidence surrounding the causes of price volatility. Now though, the opposite case is being made; hedge funds shorting oil may be behind recent volatility and the current low price of oil. Given the benefits to consumers from low oil prices, there is little talk of new regulation to prevent...

Donald Trump’s tax plan, released Monday, does not live up to the populist language he has offered on taxes all summer. When talking about taxes in this campaign, Donald Trump has often sounded like a different kind of Republican. He says he will take on “the hedge fund guys” and their carried interest loophole. He thinks it’s “outrageous” how little tax some multimillionaires pay. But his plan calls for major tax cuts not just for the middle class but also for the richest Americans — even the dreaded hedge fund managers. And despite his campaign’s assurances that the plan is...

Donald Trump has promised that he will ease burdens on the middle class by going after “the hedge-fund guys,” who, he believes, do not pay enough in taxes. “They’re making a tremendous amount of money — they have to pay taxes,” he says. Because the one thing in which Trump is consistent is his vagueness, it is not 100 percent clear whether what he is talking about is the so-called carried-interest loophole, which is very much on the minds of people with economic-policy views similar to Trump’s — meaning Bernie Sanders and Hillary Rodham Clinton and other cookie-cutter progressives —...

The reality and the myths of taxing financial firms. Donald Trump has promised that he will ease burdens on the middle class by going after “the hedge-fund guys,” who, he believes, do not pay enough in taxes. “They’re making a tremendous amount of money — they have to pay taxes,” he says. Because the one thing in which Trump is consistent is his vagueness, it is not 100 percent clear whether what he is talking about is the so-called carried-interest loophole, which is very much on the minds of people with economic-policy views similar to Trump’s — meaning Bernie Sanders...

Gripe as we might, consumers understand that price increases do happen. What’s not as easily understood is how the price for something can go from $13.50 one day to $750 the next — especially when it’s a generic drug used to save lives. For decades, Daraprim (pyrimethamine), an anti-parasitic used to treat malaria and toxoplasmosis, had been made by GlaxoSmithKline and sold for as little as $1/tablet until not that long ago. Then in 2010 GSK sold the drug to CorePharma, which began to raise the price. Within a year, revenue from Daraprim jumped nearly ten times even though the...

A top fundraiser for Wisconsin Gov. Scott Walker's presidential campaign met with rival Donald Trump on Monday, The Wall Street Journal reports, but what happened in the meeting – and who requested it – is a matter of debate between the two parties. Anthony Scaramucci, Walker's national finance co-chairman, told the Journal that Trump tried to get him to defect to the Trump campaign, but Scaramucci told him that wasn't going to happen. "He wants to drop Walker and go with me," the Journal quoted Trump. "He wants to endorse me. He said, 'I want to drop Walker and endorse...