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IPFS News Link • Economy - Economics USA

Tucker Carlson Investigates Who Is Behind 'Vulture' Hedge Funds that Are Destroying Rural Am

• Fox News and The Federalist

Fox News Host Tucker Carlson dedicated a segment of his show Tuesday night to torching the Wall Street billionaire Paul Singer. Carlson's show featured an investigation into how hedge funds, like the the one Singer manages, have destroyed American towns and economies for the sake of lining their pockets.

Carlson described how Singer and his hedge fund Elliott Management has made billions of dollars from their style of "vulture capitalism," exploiting financially distressed countries and American companies.

"Elliott Management has made billions by buying large stakes in American companies, then firing workers, driving up short-term share prices, and in some cases taking government bailouts," he said.


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