Hedge Crunch FinancialDonald Trump
Former Chief of Staff Raising Investments for New Hedge Fund
Mike Mulvaney, former White House chief of staff under Donald Trump, is starting a new hedge fund. Mulvaney, and his partner Andrew Wessel, need to raise at least $1 million, the legal minimum needed to launch a hedge fund. Currently, Mulvaney represents the Trump administration in Northern Ireland as a special envoy. Mulvaney’s fund will […]
Bannon Vows to Bust Billionaire Republican Supporter Singer
According to a report from Axios, Steve Bannon, the ex-White House Chief Strategist and owner of ultra-right-wing Breitbart News, told President Donald Trump he was going to go “off the chain” to destroy Paul Singer. Singer is the head of hedge fund Elliot Management, and a major donor to Republican causes and candidates. This news […]
Trump Backer Helped UK Pass Brexit
Billionaire Trump supporter and US hedge fund manager Robert Mercer, not only helped finance the President’s campaign, but also played a crucial part in the UK’s vote to exit the European Union. Owner of the right-wing news organization Breitbart, Mercer is suspected of using his data-analytics firm, Cambridge Analytica, to give expert advice to the […]
Hedge Fund Money Says No to Trump
Hedge funds do not seem to be supporting Trump in anything like the ways it was predicted it would. Filings made with the Federal Election Commission for donations made in July show that the Donald Trump campaign raised a little bit over $2 million from hedge fund industry members, and most of that coming from […]
Some Hedge Fund Managers Backing Trump
Attendees of the lavish SkyBridge Alternatives (SALT) Conference are starting to endorse Donald Trump for president, not just with words, but with money, too. This is despite the fact that Trump has accused hedge fund managers of “getting away with murder” when paying (or not) their fair share of taxes. Trump is also unhappy with […]
Trump to Hedge Fund Guys: “Pay Your Fair Share!”
It seems nothing and no one is beyond Donald Trump’s ability to bombastically insult or single out for scorn. Last month it was immigrants, last week it was women, and this week its hedge fund managers. Trump says that he is ready to reform the tax code to get the managers to pay up their […]