ProPublica exposed that Supreme Court Justice Samuel Alito failed to disclose an expensive luxury fishing trip to Alaska in July 2008, paid for by billionaire hedge fund manager Paul Singer and other Republican donors. Alito flew to Alaska on Singer’s private jet and stayed at the King Salmon …
Samuel AlitoPaul SingerElliott Investment ManagementLeonard LeoRobin Arkley II+1 morejudicial-capturesupreme-courtcorporate-influenceethics-violationsamuel-alito+3 more
Centro de Periodismo Investigativo revealed that McKinsey’s conflict of interest in Puerto Rico extended beyond its own bond holdings to include connections with major creditors through hedge fund Whitebox Advisors, which held over $140 million in Puerto Rico bonds through various investment …
McKinsey & CompanyMIO PartnersWhitebox AdvisorsFinancial Oversight and Management Board for Puerto RicoCentro de Periodismo Investigativomckinseypuerto-ricoconflict-of-interesthedge-fundsconsulting-scandal+4 more
On September 23, 1998, Federal Reserve Bank of New York President William McDonough orchestrated a $3.6 billion bailout of hedge fund Long-Term Capital Management (LTCM) by convincing 14 major banks and brokerage firms to inject capital in exchange for 90% ownership of the failing fund. Founded by …
William McDonoughAlan GreenspanJohn MeriwetherLong-Term Capital ManagementFederal Reserve Bank of New Yorkfinancial-crimeregulatory-capturefederal reservebailoutsystemic-risk+3 more