Episode 101: Dan Loeb feat. Brad from Hedge Clippers
This week we're joined by Brad from hedgeclippers.org to discuss billionaire "activist investor" Daniel S. Loeb. Hear how he built his hedge fund fortune from small time message board pump and dumps to being one of the big players extorting companies into laying off workers and asset stripping themselves in order to give him a payday. We also discuss how in 2002 Dan Loeb was traveling in Cuba and hit a child with his car and nobody knows what happened to the child. So Dan Loeb's attorneys if you're reading this: please just tell us where the kid is.
Citations:
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Hedge Clippers (website)Check out for more information on Hedge Fund and Private Equity billionaires.
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How Hedge Fund Activists Coopted “Shareholder Democracy” (Naked Capitalism)Jang-Sup Shin's piece on how regulatory changes have made activist investors like Dan Loeb predatory value extractors.