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by samstave 1471 days ago
Hedge funds should be 10000000% excluded/precluded and effectively illegal from owning anything but stock in a company/industry at a level whereby they cannot set profit and pricing for ANYTHING. (either invest in the company or industry, but what they do is effectively price-fixing after they get control)

Full Stop.

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If you want to buy stock in a thing, a hedge fund should NEVER be able to have a complete controlling share.

Why? Because history shows us exactly what happens.

Funds, foundations, "private equity" are all money laundering corruption schemes at the cost of others.

THe problem is that this modality has replaced the definition of capitalism.

There are hedge funds that own over 100,000 houses, hedge funds that buy up every trailer home park they can, hedge funds that, in concert with the realty market, are the reason for high real estate prices.

Its a cancer.

Insulin Martin. is a great example of the mindset of these folks.

1 comments

They're definitely not money laundering by any real definition of the word. If your goal is to launder money you're probably not doing it by buying stocks and vet clinics.
I always wanted to start a mafioso-esque restaurant front....

The French Money Laundry

FML for shot.