Hedge Fund Managers Bet on Ryan

The Fiscal Times – Some of the nation’s top hedge fund billionaires, including many of the same financiers who are playing a major behind-the-scenes role bankrolling Republican presidential challenger Mitt Romney, helped finance Rep. Paul Ryan’s rise to prominence over the past two years.

The Wisconsin Republican’s leadership political action committee, dubbed Prosperity PAC, raised over $4.2 million in this election cycle, according to the Center for Responsive Politics. Half of its top 20 contributors, all of whom have made contributions of $10,000 or more, are principles at Wall Street, Chicago and California-based hedge funds.

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