Wednesday, April 25, 2007

Why we're poor and hedge fund managers are not

Read a story on the latest study about unequitable divisions on wealth. It says in part:


"The labor union's report contends that the vast profits being earned by private-equity managers as they buy and resell companies show that profits are high enough to share a larger portion with employees."

Exactly. That's why health premiums go up and raises stagnate, except for the fund managers that are controlling who buys and sells your company and what they cut at your expense to fatten their own pockets.

http://www.latimes.com/business/la-fi-wealth25apr25,0,301233.story?page=2&track=ntothtml