Friday, March 11, 2016

Hillary and Ted Cruz: Get the Hedge Fund Donation

Reuters reports:
Major U.S. hedge fund managers are on pace this year to more than double the amount they gave in the 2012 election campaign, with independent fundraising groups backing Democratic presidential front-runner Hillary Clinton and Republican rival Ted Cruz receiving the most so far.

About $47 million has been lavished on presidential candidates and lawmakers and the political action committees that support them by two dozen of the industry’s top managers in the first 13 months of this election season, according to a Reuters review of Federal Election Commission filings.
Imagine that.