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andrew lahde The Voice magazine
Money and the Mammon Kings
Did political corruption lead to our current economic problems? Is our very own “democratic” government to blame for the loss of American free market capitalism as we have known it? Read about the inner workings of Mammon’s Kingdom from a hedge fund industry insider.
In the eyes of the world Andrew Lahde was a success. He was the manager of Lahde Capital, a hedge fund in California. Last year his company returned 866 percent returns betting against the subprime lenders. He was the new golden boy.
But last month Lahde did the unthinkable in the eyes of the Mammon Kings - he quit. On his way out he wrote a farewell letter that speaks of greed, corruption and the predatory lending practices that lead to the $700 billion banker bailout (plus the additional $150 billion in additional political pork). That “rescue plan” (robbery) and other bailout approvals, Congressional prostitution for votes, could go down in history as the tipping point toward a fascist, authoritarian and hierarchical America government.
Read More About Money And The Mammon Kings...
Did political corruption lead to our current economic problems? Is our very own “democratic” government to blame for the loss of American free market capitalism as we have known it? Read about the inner workings of Mammon’s Kingdom from a hedge fund industry insider.
In the eyes of the world Andrew Lahde was a success. He was the manager of Lahde Capital, a hedge fund in California. Last year his company returned 866 percent returns betting against the subprime lenders. He was the new golden boy.
But last month Lahde did the unthinkable in the eyes of the Mammon Kings - he quit. On his way out he wrote a farewell letter that speaks of greed, corruption and the predatory lending practices that lead to the $700 billion banker bailout (plus the additional $150 billion in additional political pork). That “rescue plan” (robbery) and other bailout approvals, Congressional prostitution for votes, could go down in history as the tipping point toward a fascist, authoritarian and hierarchical America government.
Read More About Money And The Mammon Kings...
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