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the world's most feared investor. and that tells you a lot. no one is even pretending paul singer's tactics are good for anyone but paul singer and his fund. consider the case of delphi, the automotive parts supplier. during the last financial crisis, the consortium of hedge funds including singer's elliott management purchased delphi. with singer and the other funds at the helm, the company took billions of dollars in government bailouts paid for by you. obama's auto czar compared those tactics to extortion. but they continued anyway. once they had the bailout money, the funds moved most of delphi's jobs overseas and then either cut retiree pensions entirely or shifted the cost to taxpayers. with later financial commitments at home and cheap factories abroad, delphi's stock soared. according to investigative reporter greg palace of the 25 delphi plants when they started buying delphi's debt. only four were still operating in the united states by 2012. that means tens of thousands of unionized and white

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