25 Hedge Fund Managers Worth 658,000 Teachers
Posted in Main Blog (All Posts) on April 10th, 2010 4:50 am by HL
25 Hedge Fund Managers Worth 658,000 Teachers
Les Leopold: What work do we value most? 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. (They make about $38,000 a year, including benefits.) Those educators could have brought along over 13 million young people, assuming a class size of 20. That’s some value.
