Wednesday, May 16, 2007

John Edwards, Hedge Fund Magnate.

John Edwards, humble servant of the poor, reported a total income of almost $8 million dollars from a hedge fund he claims he worked for only a few hours a month. And a controversial hedge fund it is. Read this:
Edwards has faced questions about the hedge fund -- where he said he worked only a few days a month -- because Fortress owned offshore funds that served as tax havens for investors and because the firm's portfolio included subprime lenders, which provide high-risk loans that often target minorities. As a candidate, Edwards has railed against both practices.

The stench of hypocrisy is not the only thing that clings to John Edwards. The stench of corruption is beginning to cling as well.

1 comments:

Hedge Fund said...

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