International Business Times 
Epinephrine-dispensing EpiPens have become a necessity for families with children suffering from severe allergies. However, as the price of EpiPen surges, the potentially life-saving medicine is being given a skip by users who have to make a choice between being broke or risking an attack. In cases of severe allergic reactions, the synthetic adrenaline in EpiPens…
Governor Chris Christie’s pension officials on Wednesday signed off on a major divestment of hedge funds — a move that is expected to save taxpayers and retirees tens of millions of dollars in fees that had been flowing to Wall Street. The decision caps an intensifying campaign against the hedge fund investments by groups representing retirees.…
The multibillion-dollar hedge fund Visium Asset Management has collapsed in the throes of an insider-trading crisis. The fund told investors Friday that it planned to shut down. Business Insider wrote that it “imploded in the biggest scandal to hit the industry in years” — the largest such closure since officials forced the shutdown of SAC Capital…
It seems safe to say that Bernie Sanders won’t be leading his revolution to reform Wall Street next year. One of the presumptive candidates, Hillary Clinton or Donald Trump, will be in a position to deal with the financial industry — if they choose to. Sanders spent much of the primary season slamming Clinton for being…
A small group of billionaires have banded together to have their voices heard on Capitol Hill. The new lobbying organization aims to represent the interests of activist hedge fund managers, who seek big returns from buying up significant stakes in publicly-traded companies and then demand concessions, from management changes and layoffs to big cash payouts for…
