Hedge Funds Help Fund Obama Inauguration

Jan 20 2009 | 2:11am ET

Today’s inauguration of Barack Obama as the 44th president of the United States will be the most expensive in history. And despite their troubles, hedge fund managers and employees are helping to foot the bill.

The bill for Obama’s swearing-in may hit $150 million—more than $100 million of which is for security costs.


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