$34 billion hedge fund Elliott Management declares all the ingredients for a crash are there

Elliott Management, one of the world's largest hedge funds, with $34 billion, told clients the ingredients for a market crash were all in place. The hedge fund was founded by billionaire Paul Singer, a big GOP donor. The firm has been prepping for a significant market event — raising $5 billion in about 24 hours earlier this year. "Markets are in a kind of dreamland." That's according to Elliott Management, which manages $34 billion and is one of the world's largest hedge funds....