Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

bronxiteforever

(9,287 posts)
Sat Oct 28, 2017, 12:35 PM Oct 2017

Mercer run Renaissance Technologies Enters Divestment Campaign Crosshairs

October 25, 2017

Sleeping Giants — initially set up to deprive Breitbart and other conservative media outlets of ad dollars after the 2016 election — announced its new campaign on Monday. The group is encouraging supporters to email or tweet at institutions’ board members and executives, and urge them to pull capital from Renaissance Technologies. The campaign arose from an article purporting to name some RenTech investors, published last week by progressive news site ThinkProgress. “These wealthy institutions are quietly financing white nationalism,” authors Judd Legum and Danielle McLean state in the headline, then profess to follow the money from public pension funds, university endowments, and charities to Renaissance Technologies and its co-CEO Robert Mercer, who in turn co-owns Breitbart News.
“There are no sides to this,” a spokesperson for Sleeping Giants countered, when reached by phone. “This is not a political thing. We just think that if you’re giving money to someone who is going to use it to fund white nationalism or racism or sexism — especially if you have diverse students and faculty — it feels hypocritical.”

https://www.institutionalinvestor.com/article/b15b5dvwz6x07f/renaissance-technologies-enters-divestment-campaign-crosshairs

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Mercer run Renaissance Technologies Enters Divestment Campaign Crosshairs (Original Post) bronxiteforever Oct 2017 OP
Just do not forget this, Wellstone ruled Oct 2017 #1
Aint that the truth! bronxiteforever Oct 2017 #2
And the Media will not cover this story. Wellstone ruled Oct 2017 #3
That's a bunch. What was that for? Frustratedlady Oct 2017 #4
Bob Mercer's Wellstone ruled Oct 2017 #5
You'd think someone like that stay low and quiet. Frustratedlady Oct 2017 #6
So agree. Wellstone ruled Oct 2017 #7
 

Wellstone ruled

(34,661 posts)
1. Just do not forget this,
Sat Oct 28, 2017, 12:54 PM
Oct 2017

Mercer and Company has a 6.8 Billion Dollar thing hanging with the IRS. And you wonder why he befriended Trump. It is all about the money.

 

Wellstone ruled

(34,661 posts)
5. Bob Mercer's
Sat Oct 28, 2017, 04:03 PM
Oct 2017

Hedge Fund claimed questionable write offs and got caught to the tune of 6.8 billion. This is why Chaffetz and others attacked the IRS Commissioner. Follow the money,and who the players are and what they expect in return.

Frustratedlady

(16,254 posts)
6. You'd think someone like that stay low and quiet.
Sat Oct 28, 2017, 04:14 PM
Oct 2017

He and his "lovely" daughter (not) seem to be thoroughly enjoying life and what pranks they are up to. If we could collect all the fraud dollars and fake write-offs, not to mention the money hidden in foreign banks, our country wouldn't be carrying a debt.

I'm to the point where when I see a 1%'r, I question how they got there.

 

Wellstone ruled

(34,661 posts)
7. So agree.
Sat Oct 28, 2017, 04:18 PM
Oct 2017

That is why Tax Lawyers are Billionaire's for the most part. This is how the big money is made. Hook'em-Screw'em and Howe!!!

Latest Discussions»General Discussion»Mercer run Renaissance Te...