Billionaire hedge fund manager Leon Cooperman was on Squawk Box this morning discussing a whole mess of issues, including a recent pledge to give away nearly all his money to charity. Cooperman has signed on to the Buffett/Gates initiative to donate half his wealth but today he told CNBC, “Every dollar I make, I’ll give it away because what I’ve planned to leave to my children, that’s already been set.”

Cooperman went on to start explaining that he just feels like this is “the right thing to do” and helping those less fortunate is what he and his wife “get the most enjoyment out of.” But Joe Kernen knew in his heart of hearts there was another reason. Continue reading »