General Discussion

n2doc

(47,953 posts) Mon Jun 1, 2015, 08:22 PM Jun 2015

Hedge Fund Billionaire Tells Hillary Clinton to Cut the 'Crap'

In the early days of Hillary Clinton's latest presidential campaign, hedge fund managers have taken it on the chin.

“There’s something wrong when hedge fund managers pay lower tax rates than nurses or the truckers that I saw on I-80 as I was driving here over the last two days,” Clinton declared in mid-April as she campaigned in Iowa.

“People aren’t getting a fair shake. Something is wrong when CEOs earn more than 300 times than what the typical American worker earns and when hedge fund managers pay a lower tax rate than truck drivers or nurses,” she repeated a month later when she returned to the state.

Now, one such manager is firing back.

"I don't need anybody crapping all over what I do for a living," Leon Cooperman, the billionaire founder of the Omega Advisors hedge fund told CNN on Monday, adding that she 'hangs out with all these people in Martha's Vineyard and in the Hamptons and then the very first thing she has to say is to criticize hedge funds."

more

http://www.bloomberg.com/politics/articles/2015-06-01/hedge-fund-giant-tells-hillary-clinton-to-cut-the-crap-

24 replies

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Highlight:

Hedge Fund Billionaire Tells Hillary Clinton to Cut the 'Crap' (Original Post) n2doc Jun 2015 OP

Tough Work Pretending To Be Progressive cantbeserious Jun 2015 #1

Its tough Segami Jun 2015 #2

This message was self-deleted by its author 1000words Jun 2015 #3

hehe! family squabbles can get vicious! delrem Jun 2015 #7

He's a Republican who is not a Hilllary supporter bluestateguy Jun 2015 #22

This message was self-deleted by its author 1000words Jun 2015 #24

0uch. that stung. :D As they say, lie down with dogs, get up with roguevalley Jun 2015 #23

Yeah, I think it's safe to assume that Leon Cooperman is not a supporter. KMOD Jun 2015 #4

heh. This $2.5Billion campaign is getting better and better. delrem Jun 2015 #5

I smell a rat. Scuba Jun 2015 #6

He's being investigated for insider trading Warpy Jun 2015 #11

"Don't throw me in the briar patch." Scuba Jun 2015 #20

Of one type or another.... daleanime Jun 2015 #21

Poor, poor Leon Cooper. Someone crapped all over what he does for a living. cyberswede Jun 2015 #8

But Hillary's Wall Street's lackey. Yo_Mama_Been_Loggin Jun 2015 #9

I guess he didn't get the memo. It's campaign rhetoric. pa28 Jun 2015 #10

That's why this comment is the perfect response BrotherIvan Jun 2015 #13

Damn, the comments in the article are well...eye opening BrotherIvan Jun 2015 #14

Seriously, just visit the comment section at the link if you need background on that comment. pa28 Jun 2015 #16

I read it, skipping past the right wingers, and the little voice inside said BrotherIvan Jun 2015 #17

Leon oughta find out what *I* think of him. grasswire Jun 2015 #12

Kaboki Theater at it's best (or worst). She is spouting rhetoric and has no intentions rhett o rick Jun 2015 #15

Yeah, they all laugh about it at those fundraisers BrotherIvan Jun 2015 #18

Sounds like it's going to be tense in the Hamptons this summer. DisgustipatedinCA Jun 2015 #19

cantbeserious

(13,039 posts)

1. Tough Work Pretending To Be Progressive

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:25 PM

Jun 2015

eom

Segami

(14,923 posts)

2. Its tough

Reply to cantbeserious (Reply #1)

Mon Jun 1, 2015, 08:27 PM

Jun 2015

getting the lighting just right to make one look thin....

Response to n2doc (Original post)

1000words This message was self-deleted by its author.

delrem

(9,688 posts)

7. hehe! family squabbles can get vicious!

Reply to 1000words (Reply #3)

Mon Jun 1, 2015, 08:30 PM

Jun 2015

bluestateguy

(44,173 posts)

22. He's a Republican who is not a Hilllary supporter

Reply to 1000words (Reply #3)

Mon Jun 1, 2015, 11:17 PM

Jun 2015

and he wrote a whiny "open letter" to Obama in 2011 because the president was supposedly being mean to rich people.

Response to bluestateguy (Reply #22)

1000words This message was self-deleted by its author.

roguevalley

(40,656 posts)

23. 0uch. that stung. :D As they say, lie down with dogs, get up with

Reply to 1000words (Reply #3)

Mon Jun 1, 2015, 11:23 PM

Jun 2015

fleas.

KMOD

(7,906 posts)

4. Yeah, I think it's safe to assume that Leon Cooperman is not a supporter.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:28 PM

Jun 2015

He probably won't like our other candidates, either.

delrem

(9,688 posts)

5. heh. This $2.5Billion campaign is getting better and better.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:28 PM

Jun 2015

I can't wait to see all the goodies that $2.5Billion will bring in the way of a campaign!

Scuba

(53,475 posts)

6. I smell a rat.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:28 PM

Jun 2015

Warpy

(111,478 posts)

11. He's being investigated for insider trading

Reply to Scuba (Reply #6)

Mon Jun 1, 2015, 08:39 PM

Jun 2015

and it has to be pretty blatant to trigger an investigation these days.

I doubt Clinton will lose any sleep over his hissy fit.

Scuba

(53,475 posts)

20. "Don't throw me in the briar patch."

Reply to Warpy (Reply #11)

Mon Jun 1, 2015, 09:45 PM

Jun 2015

daleanime

(17,796 posts)

21. Of one type or another....

Reply to Scuba (Reply #6)

Mon Jun 1, 2015, 11:09 PM

Jun 2015

definitely.

cyberswede

(26,117 posts)

8. Poor, poor Leon Cooper. Someone crapped all over what he does for a living.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:31 PM

Jun 2015

I wonder how much what he does for a living craps on little people's actual lives?

Yo_Mama_Been_Loggin

(108,507 posts)

9. But Hillary's Wall Street's lackey.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:31 PM

Jun 2015

Or so say many of her detractors on DU

pa28

(6,145 posts)

10. I guess he didn't get the memo. It's campaign rhetoric.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:33 PM

Jun 2015

Hillary Clinton’s Wall Street backers: We get it. Populist rhetoric, many say, is good politics — but doesn’t portend an assault on the rich.

http://www.politico.com/story/2015/04/hillary-clintons-wall-street-backers-we-get-it-117017.html#ixzz3brOgR0cW

But back in Manhattan, the hedge fund managers who’ve long been part of her political and fundraising networks aren’t sweating the putdown and aren’t worrying about their take-home pay just yet.

It’s “just politics,” said one major Democratic donor on Wall Street, explaining that some of Clinton’s Wall Street supporters doubt she would push hard for closing the carried-interest loophole as president, a policy she promoted when she last ran in 2008.

BrotherIvan

(9,126 posts)

13. That's why this comment is the perfect response

Reply to pa28 (Reply #10)

Mon Jun 1, 2015, 08:50 PM

Jun 2015

http://www.democraticunderground.com/?com=view_post&forum=1002&pid=6764397

BrotherIvan

(9,126 posts)

14. Damn, the comments in the article are well...eye opening

Reply to pa28 (Reply #10)

Mon Jun 1, 2015, 08:53 PM

Jun 2015

And they think DU is harsh. Damn.

pa28

(6,145 posts)

16. Seriously, just visit the comment section at the link if you need background on that comment.

Reply to BrotherIvan (Reply #14)

Mon Jun 1, 2015, 09:01 PM

Jun 2015

It would cause fainting spells here at DU but much of it is the truth.

BrotherIvan

(9,126 posts)

17. I read it, skipping past the right wingers, and the little voice inside said

Reply to pa28 (Reply #16)

Mon Jun 1, 2015, 09:03 PM

Jun 2015

Shit might get real. People are maaaaaaaaad.

grasswire

(50,130 posts)

12. Leon oughta find out what *I* think of him.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 08:43 PM

Jun 2015

I'll bet a lot of us here could 'splain a few facts of life to him.

rhett o rick

(55,981 posts)

15. Kaboki Theater at it's best (or worst). She is spouting rhetoric and has no intentions

Reply to n2doc (Original post)

Mon Jun 1, 2015, 09:00 PM

Jun 2015

of changing her pro-Wall Street spots. This idiot is playing his part and pretending to be outraged while his "people" are cutting a huge check for the campaign. He isn't going to support Sanders is he? How stupid do they think we are? Rhetorical question because the billionaires are willing to spend over a billion to fool some of us. It's effective, that's why they do it.

BrotherIvan

(9,126 posts)

18. Yeah, they all laugh about it at those fundraisers

Reply to rhett o rick (Reply #15)

Mon Jun 1, 2015, 09:07 PM

Jun 2015

DisgustipatedinCA

(12,530 posts)

19. Sounds like it's going to be tense in the Hamptons this summer.

Reply to n2doc (Original post)

Mon Jun 1, 2015, 09:07 PM

Jun 2015

but I do hope that Mr Cooperman will continue to allow us little people to "crap on him" now and then, unless he'd prefer a 1789 do-over.

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