Piketty in the Pines
Going camping with the 1%
Reader: even upon today’s comically overpopulated education reform landscape, the men of Democrats for Education Reform or DFER (say it with me; Dee Furr) stand alone. That’s because, with thier unapologetic ties to all things hedge fundy, DFER man’s net worth towers above even his well-off reform-minded peers. Also, that master of the universe quality, so handy for picking winners and dumping losers, isn’t always so pleasant when viewed from close up. In other words, DFER man is a type a-hole. Let’s get to know him, shall we?
Some very good yearsFirst, a toast: to the remarkable success of DFER’s hedge fund friends. Jus how successful have they been of late? Tres, tressuccessful, reader. Here’s a little perspective. In 2008, like you, DFER man *lost a bit of ground.* But whereas you remain mired in mediocrity and are compensated accordingly, the incomes of the top 1% have soared. And within this economic elite, the hedgies with whom DFER hangs have done best of all. Between 2002 and 20012, the average pay for the top 25 highest pay hedge fund managers climbed from Piketty in the Pines | EduShyster:
