General Discussion

Nye Bevan

(25,406 posts)

10. There's nothing intrinsically wrong with hedge funds.

Thu May 12, 2016, 10:25 PM

May 2016

They are similar to mutual funds but with less regulation about what they can invest in, and the investor has to pay a fee of (typically) 20% of the profits to the hedge fund manager if the fund ends up making a profit. Obviously in this case the fund made a loss so there was no success fee and the guy's reputation has taken a big hit. I don't see a problem in rich people paying others to invest their money and paying a fee based on the profit. The disgraceful thing is the fact that the hedge fund managers are taxed at the capital gains tax rate as opposed to the ordinary income tax rate, which is a loophole long overdue to be fixed.

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Chelsea's husband is a vivid illustration of crony capitalism. In fact, [View all] cali May 2016 OP

Trying to help Greece is crony capitalism? scscholar May 2016 #1

Hedge funds aren't in the business of "helping" anybody The Velveteen Ocelot May 2016 #2

There's a huge problem with lack of captial in Greece scscholar May 2016 #8

That s awesomely off the mark as pertains to this fund cali May 2016 #9

Low information votes think they are! egalitegirl May 2016 #46

Oh god, my sides! Bonobo May 2016 #3

I'm thinking the HRC campaign's labor pool is drying up. notadmblnd May 2016 #53

pathetic nt grasswire May 2016 #4

Irony is so seldom appreciated these days... Fumesucker May 2016 #5

Didn't you know? They don't care too... much for money, Art_from_Ark May 2016 #31

Your name is not fitting. cali May 2016 #7

Depends on what "sc" stands for. dchill May 2016 #30

LOL Art_from_Ark May 2016 #32

Hey scholar--do you know what hedge funds are? panader0 May 2016 #13

I'm sure all the Clintons and 840high May 2016 #17

"Help"? I'm sorry, but you can't possibly buy that line Scootaloo May 2016 #29

Sounds like someone just fell off the turnip truck Art_from_Ark May 2016 #33

While the cabbage patch was being mechanically harvested. LiberalArkie May 2016 #63

Wow. A mind is a terrible thing to waste, Mr. Scholar. BillZBubb May 2016 #43

Can you explain zentrum May 2016 #67

That's a pretty good metaphor. Let me try to expand on it. beastie boy May 2016 #72

Thanks for the email, zentrum. beastie boy May 2016 #73

Good Lord. Kall May 2016 #69

NoNo... catnhatnh May 2016 #6

There's nothing intrinsically wrong with hedge funds. Nye Bevan May 2016 #10

Hedge Funds are lightly regulated. That in itself means that as they now stand cali May 2016 #11

I presume you meant "intrinsically". Alan Grayson was running a hedge fund while in Congress. TwilightZone May 2016 #24

You left out the 2% they get off the top. zeemike May 2016 #22

You are correct. Nye Bevan May 2016 #25

39.6% NT 1939 May 2016 #49

Thanks! Good observations. Eom reACTIONary May 2016 #57

I'm not feeling sorry for woolldog May 2016 #12

Why would you think that anybody truebluegreen May 2016 #14

Whooosh! panader0 May 2016 #15

Chelsea's going to need to up her current $75,000 speaking fee to help the fam make ends meet. jalan48 May 2016 #16

what could pasty cheeks say that's worth that much? miyazaki May 2016 #18

Pasty cheeks? What are you -12? Beaverhausen May 2016 #34

Probably learned it from Rush Limpballs n/m ProudToBeBlueInRhody May 2016 #40

Depends on whether it's before or after July, Art_from_Ark May 2016 #36

Yep if Hillary gets elected the Goose that lays the silver eggs BillZBubb May 2016 #44

Do you mean Dr. Clinton? 6chars May 2016 #42

so what girl? Irrelevant Laura PourMeADrink May 2016 #19

Maybe Egnever May 2016 #20

His parents had some, shall we say, ethical lapses as well. libdem4life May 2016 #27

Wasn't his father in jail for money matters? Person 2713 May 2016 #35

Yes, and the mother, as I recall, had issues as well. libdem4life May 2016 #37

I think substantial jail time for the father at least but leaves from trees or apples or something Person 2713 May 2016 #39

Locked thread. Why am I not surprised? libdem4life May 2016 #50

Yep. Cassiopeia May 2016 #21

Define crony capitalism. beastie boy May 2016 #23

Crony Capitalism Ghost Dog May 2016 #47

Under your definition, Chelsea's husband is nowhere near quakifying. beastie boy May 2016 #55

Alan Grayson was running a hedge fund while in Congress. TwilightZone May 2016 #26

I'm not a fan of Grayson. The Velveteen Ocelot May 2016 #41

The absolute croniest! dchill May 2016 #28

Add to that a Known Name...Clinton-Mezvinski...and investors are easier to libdem4life May 2016 #38

Greece as example of Disaster Capitalism Ghost Dog May 2016 #48

Nice try at cleaning up GD Gman May 2016 #45

The only thing is... sendero May 2016 #51

And I see you provide nothing to back this up? RandySF May 2016 #52

Of course there is nothing to back it up. Kingofalldems May 2016 #66

More Clinton Family Sleaze... NewImproved Deal May 2016 #54

Yup. zentrum May 2016 #56

Real classy, Cali. Now you're going after the kids. Nitram May 2016 #58

They are adults. Throd May 2016 #59

Kids?? He's 38. cali May 2016 #64

What office is he running for? Kingofalldems May 2016 #68

You don't get it, do you, Cali. Kids = Children Nitram May 2016 #70

Why are you bringing the primary wars to GD? Keep this stuff in GD-P book_worm May 2016 #60

I hate to think what the Foundation is doing with their jwirr May 2016 #61

vulture crapitalism. but greece is not dead. pansypoo53219 May 2016 #62

Absolutely no facts to back up your claim taught_me_patience May 2016 #65

Three more weeks. Kingofalldems May 2016 #71