Robin Hood Movement: Hedge Funds & the Public Good

New Haven Advocate – We live in a very, very rich country. Yet we are utterly consumed by the hysteria that we’re broke. Historians are certain to look back at this period and wonder why the richest country in history consumed itself in a struggle over how many teachers to fire.

How rich are we? Just take a look at the latest reports on what the top hedge fund managers haul in. In 2010, John Paulson led the list with a record $4.9 billion in personal earnings. That’s a whopping $2.4 million an hour.

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