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Billionaire: ‘Clinton Cash’ Revelations Evidence of ‘An Unbelievable Shakedown’

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Billionaire hedge fund titan Leon Cooperman says the Clinton Cash revelations about the Clinton Foundation and Hillary Clinton’s constant bashing of hedge funds have cost her his support in 2016.

“Just read about the stuff with the Clinton initiative. To me this is an unbelievable shakedown,” Cooperman told CNN Money’s Cristina Alesci.

Cooperman says Hillary Clinton’s trashing of those who make their living from hedge funds is hypocritical—and he’s had it.

“I don’t need anybody crapping all over what I do for a living,” said Cooperman. “[She] hangs out with all these people in Martha’s Vineyard and in the Hamptons and then the very first thing she has to say is to criticize hedge funds.”

Cooperman noted that his generous philanthropic giving comes from a place of sincerity, not a desire to capture the spotlight or gain praise.

“I have nothing to apologize for. I’ve made a lot of money. I’m giving it all back to society,” he said.

He says the only thing that upsets him more than Hillary Clinton’s hypocrisy trashing hedge funds are those financial firms that still offer the Democratic presidential nominee their money and support.

According to a newly released CNN poll, the Clinton Cash revelations and avalanche of media coverage the book continues to generate have, for the first time ever, resulted in Hillary Clinton’s favorability rating being “underwater”—meaning more unfavorable (50%) than favorable (46%).


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