The original content of Democracy Now! Headlines appears under the Creative
Commons BY-NC-ND 3.0 License (United States). For more, including their other
shows and media, visit www.democracynow.org.
May 12, 2016

Top 25 Hedge Fund Managers Earn $13 Billion in 2015
---------------------------------------------------

In financial news, the world's top 25 hedge fund managers earned a
staggering $13 billion last year. This means that only 25 men earned
more than the entire economies of some countries, including Nicaragua
and the Bahamas. Two men-Kenneth Griffin of Citadel and James Simons of
Renaissance Technologies-each earned $1.7 billion last year. Both men
have poured millions into the 2016 presidential race backing Republican
candidates who have since dropped out. Simons is now backing Hillary
Clinton, with more than $2 million in donations so far. Griffin has also
been a major supporter of Chicago Mayor Rahm Emanuel. He was the biggest
donor to Emanuel's 2015 re-election campaign and has been quoted as
saying that instead of closing 50 Chicago public schools, Mayor Emanuel
should have closed 125 schools across Chicago.


.