I live in Greenwich, Ct. home of the hedge fund. This elecrtion Paul Tudor Jones a multi-billionaire hedge fund guy held a fundraiser at his mansion for Obama attended by many other hedge fund guys including Soros. Many, many of the hedge fund managers are rich, Jewish guys and as we all know for some strange reason a huge percentage of Jews voted for Obama and for that matter any democrat that runs.
Beside Obama, Chuck Schumer receives the largest donations from Hedge funds. One clue as to why they receive such favorable tax treatment.
Greenwich used to be rock solid Republican now almost every BMW, Mercedes, Land Rover I pass has an Obama bumper sticker. Forget the Whole Foods parking lot it looks like a Dem convention with every car in the lot sporting the Obama stickers. And, for the first time in my life a Democrat won the majority votes in the Presidential election.
So while I don't cotton to class warfare crap I can't say I'm not feeling just a slight tingle up my leg that these "Democrat" fat cats are getting their just deserts for being just that much smarter than we knucle dragging, unenlightened Republicans who couldn't quite grasp Onamanomics!
I wonder what percentage of the Dem managers were short the market. I know Soros specializes in the short side.
Be that as it may, and I certainly don’t care if the fools who voted for O get their comeuppance, nay, I’m all for it to a degree, but aren’t you just a little bit worried that some of your investments, IRAs, etc. are affiliated with these funds?
Your observation is so accurate. Where I’m from a plant closed last year ( a long standing viable facility) ...suddenly and without warning and without paying the employees. The plant was bought and owned by some shady investor banker types from Chicago who capitalized on all sorts of state economic development money only to close soon after receiving it. They were attempting to flip the business-—expand it with huge debt and then sell it. Those so-called investors were Obummer supporters. Chicago visited our heartland so to speak and brought misery.