TheStripey1
New member
This month, Mr. Edwards revealed that he had holdings worth more than $11 million in Fortress Investment Group, a $30 billion hedge-fund operator that paid Mr. Edwards $479,000 as a part-time consultant from October 2005 through December 2006. Fortress incorporated its hedge funds in the Cayman Islands as offshore tax havens, a policy that Mr. Edwards has condemned for years. Fortress has also invested billions and billions of dollars purchasing subprime mortgage portfolios, subprime mortgage lenders and subprime mortgage-servicing firms.
Meanwhile, in a story titled "John Edwards' Convenient Nonprofit," Business Week reports that Mr. Edwards conveniently hired staffers who previously worked as his political operatives and would return to his current presidential campaign in that capacity. As Mr. Edwards was raking in nearly half a million dollars as a consultant for the offshore hedge funds deeply invested in subprime mortgages, his anti-poverty center was also doling out hundreds of thousands of dollars to consultants. In 2005 alone, the center spent $259,000 on consultants whom Mr. Edwards now refuses to name. Hypocrisy knows no boundaries.
http://washingtonimes.com/op-ed/20070529-085335-3735r.htm
so? are you saying that it's a bad thing to be a millionaire?