How to Make a Million Dollars an Hour: Why Hedge Funds Get Away with Siphoning Off America's Wealth
Why Hedge Funds Get Away with Siphoning Off America's Wealth
Omschrijving
How long would it take you to make a million dollars? If your answer is "More than an hour," you're in the wrong line of work. In "How to Make a Million Dollars an Hour," you'll discover how to make it to the top of the Forbes list without founding a major corporation, making People's most beautiful list, or even playing for the New York Yankees. All you have to do is become a hedge-fund manager.In no time, with the help of this ultimate guide, you can understand how these lucky Americans started making more money than Oprah, A-Rod, and Rupert Murdoch combined. After three decades of increasing productivity, stagnating wages, and soaring profits, not to mention all those jobs that disappeared in the financial meltdown of 2008, there is plenty of money floating around with no place to go but into your pocket. All it takes is convincing a few very rich people that you can make them even richer.You'll learn how to play the game like these masters of speculation: Create something they can pretend is low risk and high returnPlace risky bets using other people's moneyBet on the race after they know who wonRip off entire countries (because that's where the really big money is)Milk millions more in special tax breaksClaim that limits on speculation will kill jobsYes, some of this might sound a bit unsavory, perhaps even immoral, but would you care if you were making a million dollars an hour doing it?On the other hand, you might suspect that hedge funds do nothing but siphon off money that could be put to better use, and that they may actually undermine our economy and our democracy. Perhaps you fear that some hedge funds may be investing in illegal activities, such as arms smuggling, or that they may drive up energy and food prices through speculation. If so, "How to Make a Million Dollars an Hour "answers all of your questions and many more that you hadn't thought to ask. It offers a rare glimpse behind the golden veil, where you'll discover hedge-fund secrets that make it possible to pull down astounding sums in the space of minutes--as long as you're willing to bankrupt your morality for the cash.
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