David Rubenstein’s daughter quits Alaska fund over cronyism claims
The daughter of private equity billionaire David Rubenstein has resigned from the board of Alaska’s $80 billion sovereign wealth fund after being accused of using her position to benefit friends and family. Gabriel (Ellie) Rubenstein (36), who runs the Colorado-based investment firm Manna Tree, announced at a meeting with the Alaska Permanent Fund Corporation’s board […]
Pro-Trump money man Bill Ackman seeks investors for new fund
Bill Ackman, the billionaire ally of Donald Trump, has asked shareholders of his Pershing Square fund to back a new investment venture that aims to manage about $25 billion in assets. The 58-year-old hedge fund manager, whose net worth is estimated at $9 billion, wrote the letter seeking support for Pershing Square USA, which plans […]
Harris’ backing of bail fund during George Floyd protests dampens Trump ‘prosecutor’ campaign pitch
Vice President Kamala Harris is working hard to prove she has the ability not only to defeat former President Donald Trump in the 2024 election, but also in court, even as the bail fund she once supported to help free violent offenders appears to still be soliciting donations. At a campaign event on Monday, Harris, […]
Kamala Harris-backed ‘Freedom Fund’ that put murderers, rapists back on streets still up and running
The bail fund was once Vice President Kamala Harris The website, which helped secure the release of violent offenders during the 2020 presidential campaign, has attracted attention again, and it appears to still be accepting donations. As of Monday night, the website was up and running and accepting payments. “If you’re able, please donate now […]
FLASHBACK: VP Kamala Harris Promoted Bail Fund That Released Alleged Rioters, Sex Offenders And Woman Beaters
Vice President Kamala Harris, who endorsed President Joe Biden after he dropped his reelection bid on Sunday afternoon, has previously pushed for the creation of a bail fund to free men accused of rioting, sexual offenses and assaulting women. The Harris camp Ready Sources told CNN that the vice presidential nominee was trying to present […]
Rick Scott joins Kid Rock in giving $50,000 to Butler shooting fund
Sen. Rick Scott (R-Fla.), one of the wealthiest members of the Senate, has joined music star Kid Rock and fight promoter Dana White in donating $50,000 to a GoFundMe campaign set up for victims of the shooting at a Donald Trump rally in Butler, Pennsylvania. “I donate my quarterly Senate salary and am honored to […]
Chaos continues with Ohio teachers’ pension fund as second advisor quits – News 5 Cleveland WEWS
COLUMBUS, Ohio — A second major consulting group has stopped working with Ohio’s controversial retired teachers pension fund, dealing another blow to a system already in turmoil. Unrest is growing at the State Teachers Retirement System (STRS). STRS has been mired in controversy: to summarise, there have been constant infighting, two board resignations, and allegations […]
GOP bill to fund legislative branch fails on House floor
Ten House Republicans joined most Democrats on Thursday in rejecting a GOP-sponsored bill aimed at funding the Legislature for fiscal year 2025, throwing an embarrassing setback into GOP leadership’s ambitious plan to pass all 12 annual funding bills before Congress recesses in August. The bill failed 205-213, with three Democrats voting in favor. It is […]
Billionaire investor Bill Ackman starts fundraising for new US fund
See what’s clicking on FoxBusiness.com Hedge fund manager Bill Ackman began raising funds in the U.S. on Tuesday for an initial public offering of a closed-end fund. The effort could raise $20 billion, more than double Mr. Ackman’s assets under management, some of it from individual investors, according to people familiar with the matter. Last […]
Taxpayer dollars fund Oxford research link milk racism
Yes, you’re right: milk is clearly racist, and they need taxpayer money to prove it. Pat Gray and the “Unleashed” panel A team of scholars from Oxford Museums discuss how they are planning a study into the links between milk and colonialism, which will be funded by tax-paying British citizens who will surely be delighted […]