Former hedge fund manager Michael Novogratz says America needs redistribution of wealth
Michael Novogratz, CEO of Galaxy Investment Partners
Adam Jeffery | CNBC
Macro trader turned bitcoin bull Michael Novogratz is calling for fixes to capitalism — and a possible tax on Wall Street.
The former Fortress hedge-fund manager pointed to a rising income gap and lack of investment in public education in the United States. One place to start could be a “controversial” Wall Street transaction tax, which would also extend to cryptocurrency trades.
“I think you…