Thursday, October 1, 2009
News from the Ownership Society
John Arnold, 35, is a former Enron trader turned hedge fund manager. His employees include several big name energy traders including ex-Enron CEO Greg Whalley (No, he's obviously not in prison).
Arnold's net worth is estimated at $3.4 billion. He currently runs Centaurus Advisors, a $5 billion energy hedge fund. Near the top of his list of good investments--privately managed charter schools. He has already put $22 million into YES and KIPP charter operations. (Forbes, "Yes to Billionaires")
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This guy is right out of the Michael Moore film, "Capitalism: A Love Story." Why is he still walking the streets?
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