To create change in America you have to get elected so Hillary Clinton’s reported remarks about toppling the 1% are not hypocritical, said Joseph Stiglitz, author of ‘The Great Divide‘. Stiglitz added that the real test comes after a candidate gets elected as to whether they are sincere about campaign finance reform. He said President Obama made a great display that he was getting a large amount of money from small donors, but he also pocketed a lot of money from massive donors and things have gotten worse during his administration. Stiglitz also said Warren Buffett has a better conscience than other billionaire capitalists, but that does not mean all of the companies he invests in, or owns, act appropriately all the time.
Joseph Stiglitz: Hillary Clinton, Warren Buffett Not ‘1%’ Hypocrites
Welcome to our latest issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring Point72 Asset Management losing about 10% in January, Millennium Management on a hiring spree, and hedge fund industry's assets under management swell to nearly Read More