The Daily Caller reports:
San Francisco billionaire Tom Steyer has spent millions on environmental causes, including efforts to stop construction on the Keystone XL pipeline.
But his hedge fund Farallon Capital Management has extensive holdings in fossil fuel companies — including investments that could benefit from the blocking of the Keystone pipeline.
Who would ever thought some rich guy might use his money to block something like the KeystoneXL because he was concerned about environmental damage. Then to find out he could end up making more money by his action. Kind of like Warren Buffet who could make mega bucks through shipping the oil on his BurlingtonNorthern RR.