Hedge Funds Gamble on Poor in ‘Simpsons’ Farce: William Pesek

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Betting on the poor has never been this profitable or this tasteless.

Just ask the good folks at George Soros’s Quantum (M) Ltd., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Nomura Holdings Inc. Funds they control stand to make a bundle on SKS Microfinance Ltd.’s initial public offering.