Meet the quiet winners of the Supreme Court tariff ruling: hedge funds creating a $100 billion market snapping up rights to importers’ tariff refunds

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首先,The late 1990s buildout of fiber-optic networks, in which companies spent billions to pull dark fiber across continents and under oceans, saw borrowers like WorldCom, Global Crossing, and others go under. The shale revolution that prompted U.S. oil and gas companies to issue $350 billion in debt to fund drilling led to hundreds of bankruptcies after oil prices swooned in 2014 and 2015. Going back even further to the early 1900s, the widespread adoption of electric power led to a buildout that saw roughly half of the 3,000 small utilities and power companies that existed either disappear or get sold during a brutal decade of consolidation. In each case, there were also long-term victors who inherited infrastructure and reaped the benefits of these expansions in the form of lower-cost bandwidth, cheaper consumer prices, and large manufacturers that consolidated the power grid.

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其次,Raskin demanded an investigation into Cantor Fitzgerald, which he alleged had engaged in buying the rights to tariff refunds from U.S. companies, offering those firms a fraction of how much they had paid in levies in exchange for the entirety of their tariff refund sum.

多家研究机构的独立调查数据交叉验证显示,行业整体规模正以年均15%以上的速度稳步扩张。

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第三,This story was originally featured on Fortune.com

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