Geee Posted August 13, 2015 Share Posted August 13, 2015 Daily Caller: Hedge-fund and private-equity founders dominate the early giving to the new Barack Obama Foundation, which is raising money for the official Obama Presidential Library, according to a Daily Caller News Foundation analysis. Six of the eleven contributors are high-profile hedge-fund and private-equity firm owners, according to the foundation’s 2014 IRS Form 990 filing. Unlike Obama, who has publicly scorned private-equity and hedge-funds, the foundation seems to have no aversion taking money from multi-millionaires and billionaires who run investment powerhouses for wealthy clients. Martin Nesbitt, the foundation’s chairman and reportedly Obama’s “best friend,” has raised $5.4 million for the library to date, nearly twice the amount President Clinton raised at the comparable point in his second term, according to Politco. Link to comment Share on other sites More sharing options...
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