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SUMMERS HAS TIES TO PROMINENT HEDGE FUND (D.E.Shaw & Co.)
http://www.politico.com/news/stories/1108/15995.html ^ | 11/28/08

Posted on 11/28/2008 5:50:17 AM PST by HD1200

In 2007, Shaw personally earned an estimated $210 million and he spent a chunk of it on contributions to prominent Democratic politicians during the 2008 presidential cycle according to the Center for Responsive Politics. Overall, the hedge fund’s employees skew heavily Democratic, contributing more than $200,000 to political candidates in the 2008 campaign cycle, according to the center. Only $2,000 of that went to a Republican. The hedge fund also has gotten much more involved in Washington policymaking in recent years (snip) resisting increased regulation and taxation of hedge funds in Washington.

(Excerpt) Read more at politico.com ...


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: campaigndonors; election; hedgefunds; manipulation; obama; obamaelection
More proof this market crash is on the shoulders of the Democrats.
1 posted on 11/28/2008 5:50:17 AM PST by HD1200
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To: HD1200
Looking more and more like the Democrats PLANNED the crash and made a fortune short selling all the way down.

Here's what I see in the future ~ this particular crowd of Democrats are going to go to prison for a very long time. If not here, then in China, or even France!

2 posted on 11/28/2008 6:51:50 AM PST by muawiyah (uois)
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To: HD1200


SUMMERS HAS TIES TO PROMINENT HEDGE FUND (D.E.Shaw & Co.)

As much as I’d rather have McCain/Palin sworn in Jan. 20 with appointment
of someone like Walter E. Williams as Sec. of The Treasury, I am enjoying
the pain that the rabid Obamites are displaying on left-wing blogs
over the naming of Summers as an advisor, because

1. Obama putting him in his Admin is a thumb in the eyes of The Feminazis;
they thought they’d destroyed him after slamming him over his innocent
“devil’s advocate” musings about why there aren’t more women in
academic science.

2. He actually worked a couple of years in The Reagan Administration.

and

3. He’s been a wet blanket about our go-go over-leveraged economy for
at least a year before the recent mess arrived.
I saw him on Charlie Rose (for opposition research, of course) and
he was really talking about how wrong things could go and what should
have been done to avoid it.
Also a guest on CNBC said that Summers didn’t win any friends at
the Davos meeting last year by warning that things might go real bad,
real soon.

Larry Summers
http://en.wikipedia.org/wiki/Lawrence_Summers


3 posted on 11/28/2008 7:06:15 AM PST by VOA
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