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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 )

- 3329 days ago -
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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. (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 (91)
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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