why hedge funds get away with siphoning off America's wealth Leopold, Les creator text bibliography nju Hoboken, N.J John Wiley 2013 monographic eng

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vii, 260 pages ; 25 cm. "Top hedge fund managers make more than Oprah, Rupert Murdoch, and A-Rod combined—but they aren't running news and entertainment empires or playing baseball for the New York Yankees. Aren't you curious about how these hedge fund dudes make so much doing who knows what? You may even wonder if you can get there, too. After all, this is America! This book gives you the answers in a twelve-step guide to accumulating vast riches the way hedge fund managers do—by playing trillion-dollar poker with a marked deck. Through each easy step, you'll learn the sleight of hand and disregard for basic morality you'll need to move from making tens of dollars an hour to millions an hour! Along the way, you'll also question whether these hedge fund moguls make markets work better—as they and their apologists insist—or cause instability, siphon off capital, and destroy value without adding so much as a single widget to the economy." --Publisher description Reach for the stars and beyond Take, don't make Rip off entire countries because that's where the money is Use other people's money Create something you can pretend is low risk and high return Rig your bets Don't say anything remotely truthful Have the right people whispering in your ear Bet on the race after you know who wins Milk millions in special tax breaks Claim that limits on speculation will kill jobs Distract the dissenters Les Leopold. Includes bibliographical references (pages 243-249) and index. Hedge funds Fondos de cobertura Investment advisors Asesores de inversiones Wealth Riqueza Income distribution Distribución de ingresos HG 4530 L587h 2013 332.64/524 9781118239247 (cloth) 1118239245 (cloth) 9781118438145 2012025744 DLC 120712 20260326151102.0 17383970 eng