Democratic presidential candidate John Edwards did well during his brief stint on Wall Street, earning nearly a half million dollars last year while working as a part-time adviser for a New York-based hedge fund, according to a campaign report made public Wednesday.No word yet on Edwards giving his wealth to the IRS voluntarily.
Edwards, a former North Carolina senator, reported earning $479,512 as a senior adviser to Fortress Investment Group LLC last year.
He also said that he and his wife held investments in the private equity fund valued at between $1 million and $5 million.
The involvement by Edwards in Fortress had drawn notice because of his emphasis in the last campaign on the "two different economies in this country: one for wealthy insiders and one for everybody else."
Friday, May 18, 2007
Edwards made $479,000 part time
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