Global TV and their media partners want you to know we cannot afford reasonable healthcare because economic affairs are so bad that we’ve had to freeze the minimum wage for a decade. But, here is one radical news source that hints at something else:
From the The Financial Times, March 2/11
The top 10 hedge funds made $28bn for clients in the second half of last year, $2bn more than the net profits of Goldman Sachs, JPMorgan, Citigroup, Morgan Stanley, Barclays and HSBC combined, according to new data.
Even the biggest of the hedge funds have only a few hundred employees, while the six banks employ 1m between them. According to the data, the top 10 funds have earned a total of $182bn for investors since they were founded . . .
Categories: Smile, Taxation, Wealthcare
Was this ever published in the 'fish and chip' wrapper media of ours.
http://www.vancouversun.com/story_print.html?id=1211657&sponsor=
I doesn't appear to have been from the look of the address, but it is an interesting insight into how P3s don't work.
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By the way, insert “hedge fund insider trading” into a search engine and you get one idea of how and why hedge funds can spin giant profits.
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Does anyone know who is bringing the red light cameras to BC.
This little fact struck me as interesting. Our favorite sleaze bag Aussie MacBank.
http://www.thenewspaper.com/news/31/3169.asp
http://www.reuters.com/article/2011/02/21/us-redflex-carlyle-idUSTRE71K0K720110221
Interesting, don't you think.
Yes the millionaires club just gets richer and us poor suckers just keep sucking.
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