Montclair author Les Leopold on how hedge funds place bets on a rigged game

North Jersey – “I noticed that the leading hedge fund manager in 2010 earned as much in one hour as the average American family earns in 47 years,” Montclair-based author Les Leopold told The Montclair Times.

He wanted to know if this was some weird phenomenon, or if hedge fund managers were just in a different class. He compared them to other high earners, and they were indeed in a league by themselves.

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