Hedge funds have been more active than ever in politics this
2008 presidential campaign season. And with the Democratic
nomination up for grabs, candidates are spending record amounts
of cash. Fundraising is likewise at record levels, helped in no
small part by a smattering of hedge fund executives known in
Washington as "bundlers."
Individuals can donate only $2,300 per candidate in both the
primary and national campaigns, so bundlers help jack up the
numbers by pulling in friends, colleagues and business
associates to give more....