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Posted on: Feb. 2, 2016, 6:30 p.m.
Presidential candidates from Bernie Sanders to Donald Trump have condemned their tax-dodging. Investors have deplored their outlandish fees and poor returns. Showtime has made one of them the arch-villain of its new series “Billions.” Hedge fund managers may be feeling put-upon these days. The rest of us should be glad they’re finally getting the scrutiny they deserve, for a range of shadowy practices that cannibalize the real economy and aggravate the problem of extreme and growing economic inequality — and ... Full investment news article