April 22, 2015

Meet The Hedge Fund And Investment Fund Managers Hosting The First Clinton Fundraisers

Remember all the way back to Monday, when Hillary Clinton had this to say about hedge fund managers? 

“You know, it’s just wrong that a hedge fund manager pays a lower tax rate than a nurse or a trucker or an assembly worker here at Whitney Brothers. And so, I think we have to say look: if you’re doing something which is enhancing the economic productivity of your business and the larger economy, we’ll be open to that. But if it’s just you know playing back in forth in the global market place to get one-tenth of one percent advantage, maybe we should not let that go on because that is unfortunately kind of at the root of some of the economic problems that we all remember painfully from ’08.”

Well, here are the hedge fund and investment fund managers hosting Clinton’s first campaign fundraisers:

Richard Perry is the CEO and President of Perry Corp, a hedge fund worth almost $11 billion dollars. Perry has given between $250,000 and $500,000 to the Clinton foundation, and stayed in the Lincoln bedroom when Bill Clinton was president.

Doug Teitelbaum is the founder of Homewood Capital, an investment firm. Teitelbaum now ex-wife contributed $10,800 to Hillary Clinton’s political campaigns and his former employer – Bay Harbour Management – has donated between $100,000 and $250,000 to the Clinton Foundation.

Frank White Jr. is the founder and CEO of DuSable Capital Management, a private equity firm focused on making energy and infrastructure investments. White raised more than $2.3 million for Obama in 2012. His firm has donated between $10,000 and $25,000 to the Clinton Foundation and he may have contributed money, too.