Billionaire Leon Cooperman continued to admonish Elizabeth Warren in an interview today with CNBC for her “vilification” of the ultrarich by rachsandl
Photographer: Andrew Harrer/Bloomberg © 2015 Bloomberg Finance LP: Wall Street is worried about Elizabeth Warren—and one of her most outspoken critics, billionaire hedge fund founder Leon Cooperman, continued to admonish the progressive 2020 candidate in a Monday
with CNBC for her “vilification” of the ultrarich, saying that “what she’s peddling is bull, total and complete bull.” —said that while he believes in a progressive tax structure, Warren’s proposed wealth tax is “morally and socially bankrupt.” He said he eventually wants to donate his fortune but doesn’t want the government controlling where his money goes. Warren says her proposed “ultra-millionaires” tax will bring in trillions and fund ambitious social programs such asThe interview comes days after Cooperman wrote a five-page letter to Warren in one of the most public rebukes of the 2020 hopeful by a billionaire to date.
Since writing the letter, Cooperman said he hasn’t heard from Warren, but would be open to meeting with her., but she did tweet last week that “Leon can and should pitch in more—so that every kid has the same opportunities he did to succeed.”: “She’s screwing around with the wrong guy. I want to give it all away, but I want to control the decision. I don’t want the government giving away my money. The idea of vilifying wealthy people is so bogus,” Cooperman said in the CNBC interview.
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