An eye-popping figure about hedge fund managers

CBS – One group of workers charges hefty fees for managing the assets of wealthy patrons. The other group educates almost 4 million U.S. kindergarten students annually in reading, writing and arithmetic.

Which group provides more value to America? While that question could be answered on a number of ethical and economic grounds, when boiled down to simple pay, the answer is that hedge fund managers are worth more. Way, way more.

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