On the Left Side

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food_bankConservative policies hurt the middle class"

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John OliverJohn Oliver on the Global Refugee Crisis-Yes Please! Video

TORONTO, ON - JANUARY 12: Young addresses the media. Famed singer, Neil Young held a news conference on Jan. 12 to tout his benefit concert that same day raising money and awareness for the Athabasca Chipewyan First Nation Legal Defense Fund. The event was held at Massey Hall. January 12, 2014. (Richard Lautens/Toronto Star via Getty Images)
Neil Young Calls Canada's Leadership 'Backwards', Donates $100,000 To Environmental Campaign

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John CumminsJohn Cummins says missing, murdered women 'put themselves at risk'

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Chris Hedges_Credit_National InstituteIn conversation with Chris Hedges

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StephenHarperHarper should arrest himself for even suggesting 'barbaric cultural practices'

Colleen De Neve/ Calgary Herald CALGARY, AB -- JUNE 29, 2015 -- Calgary Mayor Naheed Nenshi spoke outside the Council Chambers on June 29, 2015 about the secondary suites decision made by council Monday. (Colleen De Neve/Calgary Herald) (For  story by Trevor Howell) 00066551A SLUG: 0630-City Council
‘This is disgusting and it is time for us to say stop it’: Calgary Mayor Naheed Nenshi blasts Tories’ niqab ban

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7004a1fcd0319550807cf8d61613ce1cRequest UN election monitors/observers for Canada

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ballot-boxIncorrect voter information cards sent out to hundreds of Canadians

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hubert-lacroixCBC boss disputes Harper comment about broadcaster's low ratings(Video)

MartinBarker Conservative Martin Barker Featured In Nine Candidate Scandals in Nine Days:

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11391555Hardball politics slammed as fearmongering

AP123306403942Shell pulls the plug on Arctic oil exploration-Video

n-HARPER-SCIENCE-largeNew York Times Editorial Board: Harper Conservatives Aim To 'Guarantee Public Ignorance'

irrelevant-show-donald-sutherlandDonald Sutherland blasts ruling on long-term expats' right to vote

Alistair MacGregor
Alistair MacGregor Shows Needed Leadership On Weir

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Eva-Bee-illustration-009Now the truth emerges: how the US fuelled the rise of Isis in Syria and Iraq

CBC/Radio-Canada flag in front of their headquarters in Montreal.The Canadian Press Images-Mario Beauregard
Alain Saulnier, Ex-CBC Exec, Says Broadcaster ‘In Danger Of Disappearing Forever'

2-pope-francis-v2Pope Francis Condemns Weapons Industry

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HarperWestBank_610pxStephen Harper's Covert Evangelicalism

RobertFisk_300pxFamed Journalist Robert Fisk: Canada's Moral Power Is Lost


So You Want To Make Few Extra Bucks? Simple-Start Up A Hedge Fund!

Richard Hughes PoliticalBlogger

Richard Hughes PoliticalBlogger

As a retired guy from time to time I think that it would be nice to bring in a few extra bucks.

Problem is that generally people actually want you to produce something of benefit to them, provide a service or some other such time consuming sacrifice.

Well that is a mugs game really. I mean why don’t I  just park my conscience and principles and start up a hedge fund?

Here is a look at a world foreign to 99 percent of us.

It’s a common belief that people are compensated more or less in proportion to the value they produce. Sure, it’s an imperfect measure – why should teachers make a fraction of what personal injury lawyers take in? – but if someone’s making billions of dollars per year, they must be doing something positive for society.

But what do those at the pinnacle of the economic pile – hedge fund managers whose compensation dwarfs that of the best paid corporate CEO – actually do? “A straight answer is hard to come by,” writes Les Leopold in his new book, How to Make a Million Dollars An Hour [4] (Wiley). “Mostly these guys (and yes, they are nearly all guys) keep their efforts hidden from view. Trade secrets and mystical lore shroud their every move. Neither regulators nor the public have any idea how so much money is minted.”

AlterNet caught up with Leopold to discuss the new book.

Read the full interview here


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