this post was submitted on 11 Jul 2024
1 points (100.0% liked)

Excellent Reads

1505 readers
1 users here now

Are you tired of clickbait and the current state of journalism? This community is meant to remind you that excellent journalism still happens. While not sticking to a specific topic, the focus will be on high-quality articles and discussion around their topics.

Politics is allowed, but should not be the main focus of the community.

Submissions should be articles of medium length or longer. As in, it should take you 5 minutes or more to read it. Article series’ would also qualify.

Please either submit an archive link, or include it in your summary.

Rules:

  1. Common Sense. Civility, etc.
  2. Server rules.

founded 1 year ago
MODERATORS
 

This is Part 4 of a Pulitzer-winning ongoing series exploring the financial scandal surrounding the Supreme Court. For the other parts, or to discuss the series as a whole, click here.

In the years after the undisclosed trip to Alaska, Republican megadonor Paul Singer’s hedge fund has repeatedly had business before the Supreme Court. Alito has never recused himself.

The Supreme Court justice was on vacation at a luxury fishing lodge that charged more than $1,000 a day, and after catching a king salmon nearly the size of his leg, Alito posed for a picture. To his left, a man stood beaming: Paul Singer, a hedge fund billionaire who has repeatedly asked the Supreme Court to rule in his favor in high-stakes business disputes.

Singer was more than a fellow angler. He flew Alito to Alaska on a private jet. If the justice chartered the plane himself, the cost could have exceeded $100,000 one way.

In the years that followed, Singer’s hedge fund came before the court at least 10 times in cases where his role was often covered by the legal press and mainstream media. In 2014, the court agreed to resolve a key issue in a decade-long battle between Singer’s hedge fund and the nation of Argentina. Alito did not recuse himself from the case and voted with the 7-1 majority in Singer’s favor. The hedge fund was ultimately paid $2.4 billion.

Archive link: https://archive.ph/Lm4gL

top 1 comments
sorted by: hot top controversial new old
[–] [email protected] 0 points 4 months ago

The last couple of years of court decisions should be scratched and a group of justices who don't hate avg Americans should replace them.

The rich need to remember, they're only rich because we allow them to be rich, They've survived just fine with reasonable regulations in place.