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Sequester Still Punishes the Poor

The failure of Congress to pass a budget is being felt by the poorest Americans, as cuts to subsidized housing groups continue.  The Budget Control Act, commonly known as the sequester, has slashed a trillion dollars in federal funding to public programs across the board.  The New York City Housing Authority, (NYCHA), the nation’s largest […]

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Former Enron Gas Trader Moves to Make the World Better

At forty years old, John Arnold is one of the highest profiting hedgefund managers of all time.  John and Laura Arnold are worth an estimated $4 billion dollars and plan on giving all of their wealth away to charity.  After managing his fund out of Houston for several years before closing in 2012, one could […]