Posts Tagged ‘David Tepper
Fu@%ed up Math: 25 Hedge Fund Managers= 658,000 Teachers
Yep, that’s the stunning conclusion that Les Leopold came to when he crunched the numbers. In 2009, the worst economic year since the Great Depression, the top 25 hedge fund managers in the world walked away with an average of $1 billion each. For the $25 billion that those lucky bastards earned, Les discovered that [...]
Big Pay Days for Some
In the words of the infamous, fictional Gordon Gekko, “Greed is good.” But in this economic climate, the kind of money that hedge fund managers are raking in seems almost… wrong. Especially since many of the top-earning hedge funders pay day has hinged on what the New York Times has quite accurately called a “Lazarus-like [...]
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