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by llamaimperative 754 days ago
> they also hedge their political donations

...this is another misintepretation. You're looking at a list of donations by employees, who presumably don't fall under the same political persuasion. We know this for a fact given that Jim Simons and Robert Mercer are themselves on opposite ends of the spectrum (and each was very politically active).

Anyway yeah, I'm sure RenTech is just lacking scrutiny. Surely no astute investigative journalist has thought to look their way.

1 comments

> this is another misintepretation. You're looking at a list of donations by employees.

They have only 300 employees, and they are all partners apparently.

Financial investigative journalism is dead in the US. Journalists are paid badly, and work for the multinationals they should scrutinize.

In Europe the FT tried to pretend they were still a respectable financial publication, but shit their pants when the German financial regulator threaten them. They learned to be quiet since...

"Germany’s financial watchdog BaFin responded by launching a probe into the reporting and whether — as Wirecard alleged — it was an attempt at share price manipulation. " - https://www.ft.com/content/27872df6-b496-11ea-8ecb-0994e384d...

https://www.ft.com/wirecard

If you're accusing RenTech of something, be direct about it.

This is a typical conspiracy theorist style. Always pointing out "look there..." without ever saying what they're talking about, because there is actually nothing there.

> If you're accusing RenTech of something, be direct about it.

Oh now trying to explain the algos, of a fund of 300 employees, who never has losses, and makes some of the biggest political donations in the US...Is accusing?

What happened to intellectual curiosity? Don't look up?

> Always pointing out "look there..."

There is plenty where to look...

https://www.reddit.com/r/hedgefund/comments/18johku/medallio...

"Democratic donor built up vast $8bn private wealth fund in Bermuda" - https://www.theguardian.com/news/2017/nov/07/democratic-dono...