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Why Are 25 Hedge Fund Managers Worth 658,000 Teachers?


Business  (tags: Billionaires, Financial Crisis, Financial Reform, Hedge Fund Managers, Hedge Funds, Tax Cuts, Teachers, Unemployment, Business News )

Judy
- 1653 days ago - huffingtonpost.com
In 2009, the worst economic year for working people since the Great Depression, the top 25 hedge fund managers walked off with an average of $1 billion each. With the money those 25 people "earned," we could have hired 658,000 entry level teachers.



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Comments

. (0)
Friday April 9, 2010, 10:46 pm
I know, I know! Because people's fantasies about getting rich are greater than their fantasies about having educated children.

The next question is about baseball players, right? As opposed to nurses?
 

Judy C. (108)
Friday April 9, 2010, 10:56 pm
Yes, what the masses value in this culture is pretty empty.
 

Kathleen R. (983)
Sunday April 11, 2010, 12:17 am
Yes, indeed, our nation needs to learn that putting money in our education system is a most valued investment for the nation's future successes!!!!!
 

Mary Donnelly (47)
Sunday April 11, 2010, 12:35 am
They are not; they just know how to shuffle money around and hope they don't get caught.
 
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