This is just excessive. I'm all for naked capitalism, but Jesus..... The best/worst part is that no one knows about this, so there is no outrage. Everyone gets up in arms when the CEO of a public company gets 20 or 50 million, but three guys make over a billion each and there's nary a peep. You have to wonder if their returns can even come close to justifying such excessive fees. If you knock off that 20 percent from the top, are these guys even beating the S&P? Probably not....
These guys are on the top of their game check out the numbers the top funds returned last year and you will see why these guys are paid the billions, also remember these guys have their own capital invested in their funds.