Paul:
You just relayed the info. What are your thoughts about this? How are these guys turning over a 40% ROI annually?
I read a pretty interesting article about "Stevie": http://www.businessweek.com/magazine/content/03_29/b3842001_mz001.htm
Do you think that the SEC is scared of some of these guys who make so much money?
RM
p.s. I know that you work for The Street and that it probably wouldnt be the best thing for you to say exactly what you thought (seeing that the good old boy club seems to be a tight niche group) so I understand if you cant comment.

I don't know the models for all these guys, but keep in mind that most of them earn out on a combination of a large asset base plus performance fees. In other words, these are giant comp packages, but it isn't all performance either.

My sense isn't that the SEC is the least bit afraid of these people. Matter of fact, I'm sure they'd happily take one of them down, if they could build a case -- at least they know the fines would get paid.

What a silly comment. What good is it to link wealth with likely SEC violations. You have no basis or understanding on which to do that, but you will no doubt inflame and confuse your readers.

Sheesh. My point isn't that any of these people are in any sort of legal hotwater. Just the opposite: I seriously doubt that any of them are. After all, their wealth would make them fat targets, which is a magnet for the SEC.