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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTop 25 hedge fund managers earned $13bn in 2015 – more than some nations
How has the Obama administration curbed wallstreet, as HRC claims?Top earners, Kenneth Griffin and James Simons, made $1.7bn each despite hedge fund killing field on Wall Street where many companies lost billions or closed
Kenneth Griffin, founder and chief executive of Citadel, and James Simons, founder and chairman of Renaissance Technologies, shared the top spot, taking home $1.7bn each equivalent to the annual salaries of 112,000 people taking home the US federal minimum wage of $15,080.
Both men have poured a lot of money into the presidential race, but both backed Republicans who dropped out.
Griffin, 47, who started from his dorm at Harvard University, was the biggest single donor to Rahm Emanuels successful campaign for a second term as mayor of Chicago.
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Emanuel is considered a Democrat... Emanuel closed 50 schools. Griffen wants him to close 125 schools.
https://www.theguardian.com/business/2016/may/10/hedge-fund-managers-salaries-billions-kenneth-griffin-james-simon
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Top 25 hedge fund managers earned $13bn in 2015 – more than some nations (Original Post)
Equinox Moon
May 2016
OP
fasttense
(17,301 posts)1. Now we know who has our money.
So, let's get it back.
Equinox Moon
(6,344 posts)2. Yes,
and how is it there is such inequity when we have a Democrat President? I am so confused.
CurtEastPoint
(18,656 posts)3. Democratic President.
Equinox Moon
(6,344 posts)5. "Democrat" vs "democratic"
Yes, they are two different words meaning something different.
Lizzie Poppet
(10,164 posts)4. "earned"
Well, by a very open definition of the term, anyway...