Just the other day, a friend told me that he made over 1 million dollars in hedge fund bonus last year. He’s the guy Occupy Wall Street has been protesting against.
The surprising thing is, he isn’t the first person to tell me that he broke the 1 million dollar hedge fund bonus ceiling. 3 other hedge fund analysts told me the same last year.
So how do people in their late twenties and early thirties make over a million dollars at a hedge fund? Who’s paying out this kind of dough? Let’s find out.