Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

A Hedge Fund is an excellent place to learn about poverty.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
denem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 09:42 AM
Original message
A Hedge Fund is an excellent place to learn about poverty.
Edited on Fri Dec-10-10 09:49 AM by denem
It's the very business of inflicting poverty on the great unwashed: taking them to the cleaners. The point about being the smartest guys in the room is finding willing dupes to take losing bets.

And if the public has to pick up the tab for super leveraged short derivatives on AIG, Fannie and Freddie, all the better.

It's a zero sum game. If they win, you lose.
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC