New Yorker magazine vindicated my blog post

Well not exactly my blog, but the subject of my blog post.

In Nov 2007, I published a blog post about Hedge fund managers paying only 15% tax.

Today I read this article in New Yorker magazine about the same subject, how Hedge Fund managers are using a loophole to pay only 15% tax. I feel good now, seeing that a influential magazine choose to publish an article about the same topic. The irony here is, most of the subscribers of New yorker magazine are very upscale people and many of them use this loophole.

I don't have any more to add here, I pretty much vented it all in my last blog post. And things didn't change much even after wall st. meltdown.

I'll let you read it for yourself.

Peace