Pershing Square Capital Management CEO Bill Ackman minted a multibillion-dollar profit as coronavirus fears tanked US stocks. The hedge-fund billionaire turned a $27 million position into $2.6 billion through defensive hedge bets, a Wednesday letter to investors said.
Above is the news for goyim. Below is what Jewish News wrote:
A Jewish hedge fund manager in the US has said he made £2.2 billion from a £22 million bet on the effects of the coronavirus. […] Ackman is a philanthropist who gives to Jewish causes, including five Jewish history, scholarship and arts organisations in New York.
I knew the guy was jewish as soon as I heard about his successful gamble, but most Americans would not know this important fact. They also do not know that St. Corona is the patron saint of money and gambling.
Anyway, I took a look back at some stories on Ackman and found some interesting nuggets from a 2012 Business Insider article:
He found Harvard to be a pretty ‘WASPy’ place. He said that’s why he decided to join the crew team to meet other Jewish kids. While at Harvard he wrote a dissertation on the school’s admission policies. For his honors thesis, he wrote a paper in 1988 called “Scaling the Ivy Wall: The Jewish and Asian Experience in Harvard Admissions.”
This is just incredible, since jews are massively over-represented at Harvard, just like in the financial sector.
One more point I found very interesting that he is connected to Bill Gates.
He and his wife also joined Warren Buffett and Bill Gates in the Giving Pledge committing at least half of their money to charity.
Treasury Secretary Steven Mnuchin will gain some unprecedented power from the coronavirus relief bill he helped write. The House is set to pass a stimulus bill that addresses economic shortfalls caused by the COVID-19 pandemic on Friday (or possibly Saturday). It’ll send individual checks to Americans and billions of dollars to institutions and businesses, and with Mnuchin overseeing it all, it’ll make him “one of the most powerful Cabinet members in modern history,” The Washington Post writes.
If it was not obvious enough, you can just turn to Wikipedia and learn:
Mnuchin’s family is Jewish.
Now let’s get to a corporation that is going to be instrumental in this hebraic heist – BlackRock Inc.
The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury. In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.This scheme essentially merges the Fed and Treasury into one organization.
BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world’s largest shadow bank.
Larry Fink is the CEO and chairman and Robert Kapito is the president. They are both jewish.
Fink was born on November 2, 1952. He grew up in a Jewish family…
Born into a Jewish family, Kapito earned an MBA from Harvard Business School…
They co-founded BlackRock Inc. with a number of other jews.
Let’s be clear, this is not just a coincidence, and this brief review is FAR from exhaustive. We have a particular tribe of people to thank for this crisis.