Hedge Funds

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America’s Richest Gamblers Benefit from Economic and Political Inequality

America’s best-paid hedge fund managers are also some of its biggest political donors, according to Public Campaign analysis of data from the Center for Responsive Politics.

Hedging his bet

In yesterday's Congress Daily, we saw that Rep. Richard Baker (R-LA) will be resigning from Congress to become president of the Managed Funds Association, a hedge fund trade association: