This Tiny Hedge Fund Just Made 8,600% On a Vix Bet

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Not everyone get humiliated when the market collapsed. For merchants at a little-known Denver hedge fund who investigated it coming, it was the score of a lifetime — a $17.5 million payday on a $200,000 bet. ” Beings were laughing at us, saying this could never happen, this should never happen ,” Justin Borus, the […]

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Payday Loan Mogul Trades Ferrari-Racing Life for Prison Term

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Scott Tucker says he’s a pioneering self-made somebody who, without a college degree, founded successful firms in a variety of fields and contributed thousands of millions of dollars to the U.S. economy. A magistrate says he’s an unrepentant fraud and convicted him to almost 17 years in prison. The disgraced payday credit mogul, better known […]

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Trump EPA rule change exploits taxpayers for mine cleanup, critics say

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Environmental Protection Agency director Scott Pruitt has scrapped an Obama-era rule asking mining operations to prove they can clean up future pollution When the Zortman Landusky gold and silver-tongued mine, unearthed upstream from Montana’s enormous Fort Belknap reservation, went bankrupt in 1998, the cost of the cleanup precipitated on the US taxpayer. The overheads prevent […]

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These Suburbanites May Have No Fracking Choice

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When Bill Young peers out the window of his $700,000 home in Broomfield, Colo ., he sucks in a panoramic view of the Rocky Mountains. Starting next year, he may also peek one of the 99 drilling rigs that Extraction Oil& Gas Inc . wants to use to get at the lubricant beneath his home. […]

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