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Thursday, December 1, 2011

CEO Blasts Obama Over 'Class Warfare'

By now, nearly everyone has seen the scathing letter investor Leon Cooperman sent to President Barack Obama earlier this week.

Cooperman, who's the founder of Omega Advisors, is well-known for his rags-to-riches, "American dream"-esque life story. His dad was a plumber in South Bronx, and he was educated in New York City's public school system. He went on to attend Columbia Business School, and worked for over 20 years at Goldman Sachs before leaving to start Omega. Currently, Forbes estimates his net worth at around $1.8 billion.

Yesterday, on CNBC, he jokingly admitted another step he was thinking about taking towards the American dream: running for president. Cooperman had tossed the idea around as a joke in an investor conference call three months ago.

He then shared his 9-point plan that would make up his presidential platform. (Looks like he's thought it through a lot!) And we actually found it a bit more erudite than other political platforms with the number 9 out there.

Read more: Business Insider

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