Saturday, May 23, 2009

The Protest Of A Patriot -

Is this Obama’s plan, scare business into submission??

The Protest Of A Patriot

Peter Robinson, 05.22.09, 12:01 AM EDT

Clifford Asness takes on Barack Obama.


Clifford Asness

"I run an approximately $20 billion dollar money management firm," Clifford Asness explained in a note that he circulated to friends and investors earlier this month. The note criticized President Obama's economic policies. Despite his company's assets, Asness continued, "I am indeed fearful in writing this. It's really a bad idea to speak out. Angering the president is a mistake."

A graduate of the Wharton School and the holder of both an M.B.A. and a doctorate in finance from the University of Chicago, Asness worked at Goldman Sachs ( GS - news - people ) before founding his own firm, AQR Capital Management, more than a decade ago. If he isn't worth millions, Asness hasn't been applying himself. Afraid? A man who could barricade himself in his mansion behind pallets of hundred-dollar bills?

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