Alden Global Capital’s letter to Illinois Senators Dick Durbin and Tammy Duckworth, annotated

By Julie Reynolds Heath Freeman has come out of hibernation.  The co-founder of vulture hedge fund Alden Global Capital hasn’t spoken to the media in years. He never, ever returns journalists’ calls. When he’s been close to being deposed in… Continue Reading →

Guns, fracking and big coal: Hedge fund Alden has a history of plundering its newspapers for questionable industry investments

By Julie Reynolds Alden Global Capital, the New York hedge fund behind the gutting of local newspapers nationwide, has increased its investments in the parent of Smith & Wesson firearms and controversial coal company Peabody Energy, a new Securities and Exchange… Continue Reading →

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