over the past couple of decades, elliott management has made billions by buying large stakes in the american companies and firing workers, driving up short-term share prices and in some cases taking government bailouts. insult to injury. bloomberg news wants to describe him as the world s most feared investor, that tells you a lot. no one is pretending his tactics are good for anyone but paul singer and despond. consider the case of delphi, the automotive parts supplier. during the last financial cris crisis, purchased delphi. singer and the other funds at the helm took billions of dollars in government bailouts paid for by you. they compared the tactics to extortion, but continued anyway. once they had they bail out money, they moved most of the jobs overseas and then either cut retirement pensions entirely or shifted the cost to taxpaye taxpayers. later financial commitments at home, factories abroad, sword.
elliott management has made billions by buying large stakes in the american companies and firing workers, driving up short-term share prices and in some cases taking government bailouts. insult to injury. bloomberg news wants to describe him as the world s most feared investor, that tells you a lot. no one is pretending his tactics are good for anyone but paul singer and despond. consider the case of delphi, the automotive parts supplier. during the last financial cris crisis, purchased delphi. singer and the other funds at the helm took billions of dollars in government bailouts paid for by you. they compared the tactics to extortion, but continued anyway. once they had they bail out money, they moved most of the jobs overseas and then either cut retirement pensions entirely or shifted the cost to taxpaye taxpayers. later financial commitments at home, factories abroad, sword.
and elliott management have done in this country and to this country. over the past couple decades elliott management has large stakes in american companies, firing workers driving up short-term share prices and in some cases taking government bailouts. bloomberg news described singer is the world s most feared investor, even pretending his tactics are good for anyone but singer and his fund. consider the case of delphi, the automotive parts supply. during the last financial crisis, hedge funds including singer at elliott management purchase delphi. the company took billions of dollars in government bailouts, to extortion but they continued anyway. and either cut retiree pensions entirely or shifted the cost to taxpayers. with lighter financial commitments at home and cheap
the world s most feared investor. and that tells you a lot. no one is even pretending paul singer s tactics are good for anyone but paul singer and his fund. consider the case of delphi, the automotive parts supplier. during the last financial crisis, the consortium of hedge funds including singer s elliott management purchased delphi. with singer and the other funds at the helm, the company took billions of dollars in government bailouts paid for by you. obama s auto czar compared those tactics to extortion. but they continued anyway. once they had the bailout money, the funds moved most of delphi s jobs overseas and then either cut retiree pensions entirely or shifted the cost to taxpayers. with later financial commitments at home and cheap factories abroad, delphi s stock soared. according to investigative reporter greg palace of the 25 delphi plants when they started buying delphi s debt. only four were still operating in the united states by 2012. that means tens of thousands of u
they once no one is pretending his tactics aren t good for anyone but himself. consider the automotive parts supplier. during the last financial crisis, hedge funds including his own elliott management, purchase the company. the company took billions of dollars in government bailouts, paid for by you. obama s autos are compared that to extortion. once theymone had the money comn they move the jobs overseas and cut retiree pensions entirely or shifted the cost to taxpayers. with later financial commitments at home and factories abroad, the stock price soared. according to investigative reporter greg pallas, of the 25 plants and operationally hedge fund started buying debt, only four were still operating in the united states by 2012. that means tens of thousands of