Tag Archives | Hedge Fund

What am I yelling at CNN’s Poppy Harlow?

By Les Leopold (originally published by The Huffington Post) - Honestly, I don’t usually talk back to the TV. But I couldn’t contain myself during Poppy Harlow’s December 10 interview with John Feltner, the United Steelworkers vice president of the Rexnord local union where 300 jobs are moving from Indianapolis to Mexico. In discussing the move, Ms. […]

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Will Trump betray 1,400 Carrier workers? Will progressives let him?

By Les Leopold (originally published by The Huffington Post) – Over the next two years, 1,400 Carrier air conditioner workers will see their decent paying jobs migrate to Mexico. This highly profitable Indiana facility, represented by the United Steel Workers, will make even more money south of the border where workers earn less in one day […]

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The pathogens of Wells Fargo’s corruption fester in every large corporation

By Cory Doctorow (originally published by boingboing) - Despite the denials of its new CEO, Wells Fargo had a serious, widespread cultural problem that led it to commit at least 2,000,000 financial crimes. But the crimes and the culture are widespread across America’s banks, and they spread further than that, because the system is rigged to reward financial crime… [Cross-posted from […]

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Election 2016: Hillary Clinton says her vote for Wall Street bailout shows her support for auto workers

By David Sirota and Andrew Perez (originally published by International Business Times) - In her attempt to win Tuesday’s presidential primary in Michigan, Hillary Clinton has pioneered an innovative new message amid rising anti-Wall Street sentiment: At debates and in a campaign ad, she is portraying her vote to funnel hundreds of billions of taxpayer dollars to her financial […]

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Slowing stock buybacks one of a few reasons to fear Q3 earnings

By James Brumley (originally published by Investor Place) - Less than a week after it was trumpeting a bullish call that would have seen stocks collectively gain 7% between then and the end of the year, Goldman Sachs hedged its bet by saying the upcoming earnings season could be a particularly bad one for the market…. [Cross-posted from InvestorPlace […]

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Stock buybacks: Too much of a good thing?

Sarah Max (originally published by Barron’s) – In the past 12 months, companies in the Standard & Poor’s 500 have doled out nearly $1 trillion to shareholders in the form of both dividends and stock buybacks, the highest level since 2007. For years, hedge fund managers have been big proponents of this, even actively advocating […]

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