The Olive Garden: all-you-can eat for hedge fund raiders

You probably saw the hilarious critique of The Olive Garden that made the rounds last week; the hedge fund behind that critique is a major shareholder with a long history of shady financial deals that gut profitable businesses, destroy jobs, and line the pockets of short-term "investors." Read the rest

Hedge funds gave Mugabe $100M for genocide, got platinum mines in return

Zimbabwe's dictator Robert Mugabe unleashed a storm of brutal, genocidal violence after losing the 2008 elections -- and now we know that it was funded by western hedge-funds and banks, led by Och-Ziff Capital Management, the largest publicly traded fund, with assistance from Blackrock, GLG Partners, and Credit Suisse, who raised $100M for Mugabe's weapons and torture-chambers in exchange for a sweetheart deal on the country's platinum mines. Read the rest