Hedge Fund manipulator Paul Singer was the second largest contributor to Repub party in 2016
On Tucker Carlson: "Hedge Funds are Destroying Rural America"
Tues, Dec 3 2019, ~40 mins after the hour (clip begins w/Cabela story)
Tucker on the exploitation of companies with financial problems
vulture capitalism ("feeding off the carcass of a dying nation")
You buy up a failing company (often given bailout $ by the govt), drive up profits shorterm by firing employees, etc.; then sellout for a big profit.
Singer was the second largest donor to the Repub party in 2016
Singer has given millions to a SuperPac that supports Repub senators
Story about Cabela's in Sidney, NE
Elliott Mgmt Hedge fund mgr, Paul Singer
In Oct 2015, got 11% stake in Cabelas
Relatively healthy company, but Singer cashed in
sold out to Bass Pro Shops in a merger--made $100mil
People in Sidney lost everything
due to cynical manipulation
almost 2000 jobs gone
A prosperous town died overnight
Singer: such a vicious guy that a prominant WA personage told Tucker, "I can't believe you're doing this, I'm afraid of Paul Singer"
Nebraska Sen. Ben Sasse: Would he comment?
Office didn't even respond to Tucker's producers
Sasse receive largest possible donation from Singer
Here's some other posts i found on Paul Singer, there are others above i think, just doing what i can given technical limitations: