Paul Singer: This is an 'unfair' recovery

Founder and president of the Elliot Management Corp., Paul Singer, speaks during The New York Times DealBook Conference on Dec. 11, 2014, in New York City.
Thos Robinson | Getty Images for The New York Times.

Billionaire investor Paul Singer thinks the economic recovery is "unfair" and the Federal Reserve is to blame for growing income inequality.

"[It's an] unfair recovery, a distorted recovery," the founder and president of Elliott Management said at the DealBook Conference in New York Thursday, repeating a previous charge.