Clinton takes swipes at hedge funds

Sen. Hillary Clinton, D-NY, took swipes at hedge fund managers at campaign stops in Ohio on Feb. 19 and Wisconsin on Feb. 18 arguing that the top executives should not be immune from paying certain taxes. Hillary Clinton has been the recipient of widespread support from some of the country’s top hedge fund managers in her 2008 bid for the White House, according to The New York Times. Some of her biggest donors are hedge fund managers including James Simons of Renaissance Technologies LLC, Richard Perry of Perry Capital LLC, David Shaw of D.E. Shaw & Co., Glenn Dubin of Highbridge Capital Inc. and Tom Steyer of Farallon Capital Management, LLC according to the Times. Sen. Clinton’s daughter Chelsea also works for the New York-based hedge fund Avenue Capital Group. The junior New York senator is in the midst of tough battle with Sen. Barack Obama, D-Ill., for the democrat nomination for the 2008 presidential race and has lost 10 straight primaries and caucuses. She is heading into what political pundits describe as must-win contests in Ohio and Texas on March 4.