NewsMax.com – Top hedge fund managers are pouring money into U.S. political campaigns ahead of November’s congressional elections as the government considers what to do about the lightly policedhedge fund industry.<\/p>\n
Campaign finance records show 20 of the most successful U.S. hedge fund managers have pumped more than $3.1 million into campaigns so far in 2005-2006, up from about $1.1 million by the same group in the last mid-term election cycle.<\/span><\/p>\n By far the biggest donor is George Soros, of Soros Fund Management, who has given more than $2.3 million in this cycle to Democratic candidates or groups, up from $112,500, according to PoliticalMoneyLine, a campaign finance research group.<\/span><\/p>\n “Soros is such a massive donor. He has huge impact,” said Donald Green, professor of political science at Yale University. “I wouldn’t say he’s in a class by himself because there are such people. But he’s unusual.”<\/span><\/p>\n