Billionaire: Hillary Clinton ‘craps’ on hedge cash

Billionaire: Hillary Clinton 'craps' on hedge funds

Billionaire: Hillary Clinton ‘craps’ on hedge funds

Billionaire Leon Cooperman is not voting for Hillary Clinton in 2016.

“I never want any individual crapping all above what I do for a living,” Cooperman advised CNNMoney’s Cristina Alesci Monday.

Cooperman is the founder of hedge fund Omega Advisors, which has about $ nine billion in assets.

He thinks Clinton is a hypocrite for painting a terrible image of hedge fund managers and then asking them for funds and striving to befriend them.

“[She] hangs out with all these folks in Martha’s Vineyard and in the Hamptons and then the really 1st factor she has to say is to criticize hedge funds,” Cooperman, explained.

Cooperman, 72, mentioned he just isn’t hunting for praise, but declares he is the dwelling embodiment of the American Aspiration.

“I have nothing at all to apologize for. I have created a great deal of funds. I am giving it all back again to culture,” he claims, emphasizing his huge donations to locations this kind of as Hunter University in New York, Columbia University and Saint Barnabas Health care Middle in New Jersey.

Cooperman was born in a bad community in New York City’s Bronx borough. Today his internet value is estimated at just under $ 4 billion, despite the fact that that may differ annually depending on the achievement of his fund and his private investments.

In March, he exposed that his organization is at present beneath investigation by the U.S. Attorney’s Place of work in New Jersey and the Securities and Exchange Commission for some of its trades. Authorities have subpoenaed paperwork from Omega Advisors, but no charges have been filed, and the companies informed its traders that it is cooperating fully.

In addition to contacting Clinton’s hedge fund criticisms “bogus,” he also requires issue with her e-mail secrecy during her time as Secretary of Condition and the controversy about foreign donations created to the Clinton Foundation during her tenure in govt.

“The only issue that helps make me a lot more nauseous is those hedge money that support her,” he stated.

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