Working Life Podcast

Episode 154: The Gordon Gekko boast in the fictional movie “Wall Street” that “Greed is Good” is really an organizing principle for the financial vultures who rob the country day after day. Today, you will hear two tales of greed and robbery by hedge fund and private equity vultures. Support the podcast here: www.patreon.com/WorkingLifePodcast First, it’s Paul Singer, the CEO of a hedge fund called Elliott Management, who has a net worth of $3.5 billion, is a political buddy of the Koch brothers and is a funder of climate change deniers. As Beth Allen, the communications director of the Communications Workers of America, explains in our chat Singer now has his sights set on screwing thousands of CWA members who work for AT&T by trying to extort money from AT&T. Support the podcast here: www.patreon.com/WorkingLifePodcast Then, I circle back with Eileen Appelbaum, the co-director of the Center for Economic and Policy Research, who was on the program just three weeks ago digging into how private equity