Hedgies Earn Less Than Rappers

StockJockey's avatar
by StockJockey
Friday, October 27, 2006 - 1:57 pm

Pulling down $1.5 million in annual compensation might fire up the imagination of the wall street working stiffs that troll this site, but it is not that much money, particularly if you live in the New York metro area.  Hell, I lost more money than that trying to buy the open in Optium Corp this morning.

And less face it, no self-respecting rapper would even get out of bed for that kind of chicken feed.

For the first time, the average compensation for hedge fund managers with more than a decade of experience has topped $1.5 million a year, according to the just-released 2007 Hedge Fund Compensation Report, which is published by Glocap, Institutional Investor News and Lipper HedgeWorld.

Glocap could never land me a job...what do they know anyhow.

Comments:

JDSU and Emcore Sue Optium for Patent Infringement

Posted by  on  12/31/1969  at  03:00 PM

Hey, Glocap got me a phone-terview once.

Woo hoo!

Posted by  on  12/31/1969  at  03:00 PM
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