Thursday, May 09, 2013

Food for thought

We are all aware that the highest paid lackeys of capitalism receive extraordinary salaries, often in the millions when one can say that by the mid-morning of the second day of the year they have earned as much as the average worker will earn in a whole year. However, the New York Times reported (Sunday, April 21) that hedge fund titans make much more than this. In fact the four top earners cited earned, $900 million, $1.7 billion, $1.1 billion, and $1.4 billion! Please
explain to me how anyone can earn $500 000 per hour! That means that these hard workers earn the average worker's salary in about five minutes! Just how crazy can this get? John Ayers

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