Joseph Stiglitz: Hillary Clinton, Warren Buffett Not ‘1%’ Hypocrites


To create change in America you have to get elected so Hillary Clinton’s reported remarks about toppling the 1% are not hypocritical, said Joseph Stiglitz, author of ‘The Great Divide‘. Stiglitz added that the real test comes after a candidate gets elected as to whether they are sincere about campaign finance reform. He said President Obama made a great display that he was getting a large amount of money from small donors, but he also pocketed a lot of money from massive donors and things have gotten worse during his administration. Stiglitz also said Warren Buffett has a better conscience than other billionaire capitalists, but that does not mean all of the companies he invests in, or owns, act appropriately all the time.

Joseph Stiglitz: Hillary Clinton, Warren Buffett Not ‘1%’ Hypocrites

Dan Loeb’s Third Point Re To Merge After Years Of Losses

Nestle Dan Loeb Daniel Loeb third point capital hedge fund manager activist investor poison pen activism Yahoo corporate governance famous investorsLast week, Third Point Re insurance, which is backed by US hedge-fund manager Daniel Loeb, said it would merge with Sirius International Insurance Group in a cash-and-stock deal worth around $788 million. The deal comes at a pivotal time for both companies. Third Point Re To Merge After Years Of Losses Early last year, reports Read More