public school teachers
Tom Ehrich is a writer, church consultant and Episcopal priest based in New York. Photo courtesy of Tom Ehrich/RNS
In a marketplace unfettered by ethical restraint, a sense of duty, concern for others, or even basic shame, 25 hedge fund managers gave themselves a 50 percent pay boost in 2013.
Never mind that hedge funds’ performance, on average, tanked for the fifth consecutive year.
These 25 men wanted big bucks, so they took them: a total of $21 billion. All for managing wealth that someone else created and, except for a few, not managing it particularly well.
The top earner paid himself $3.5 billion for 2013.
I like teachers. My three sisters are teachers in the public schools. They are all very good teachers; Teri won teacher of the year in her district. Two of my wonderful brother-in-laws are, or have been, teachers. One of my nephews just got accepted to Teach for America.