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  • Hillary Clinton: Top hedge fund managers make more than all kindergarten teachers combined

    PolitiFact - 06/15/2015

    These numbers are hard to verify because no one really knows for certain a manager’s stake in his or her firm, said Nicole Boyson, a finance professor at Northeastern University.

    Additionally, funds charged to clients vary drastically among and within the different firms, and one would also have to account for how much of these fees go toward running the business, rather than the salary, Boyson said.

    “If you could get comfortable with the ‘right’ number for a hedge fund manager, which I am not sure is possible, then you could compare it directly to the gross pay of teachers … with the caveat that these two groups are likely subject to different tax rates, etc.,” Boyson said.

     

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