Story here on Big Government. (H/T ECM)
Excerpt:
The world’s top-earning hedge fund managers have bankrolled almost exclusively Democratic campaigns.
The top 10 highest-paid hedge fund managers in 2009 have dished out campaign contributions almost only to Democrats.
Over their lifetimes, those managers have given almost $33 million in campaign contributions to Democrats, according to research by the National Republican Congressional Committee (NRCC) and that is based on data maintained by the nonpartisan CQMoneyline.
The same managers gave roughly $600,000 to Republicans, according to the research. The contributions went 98 percent to Democrats and two percent to Republicans.
But there’s more:
As the Senate prepares to debate possibly hundreds of amendments to a Wall Street overhaul bill, labor unions and others have criticized the bill for not having tough restrictions on hedge funds.
“It’s very disconcerting to see this legislation moving forward that gives them a complete pass,” said Heather Slavkin, of AFL-CIO.
I wonder if the two facts are connected in some way? Maybe.
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WINTERY KNIGHT 