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Politics

Hedge-Fund Money Is Fuel for Feud Between Cuomo and De Blasio

Henry Goldman and Freeman Klopott
Mayor Bill de Blasio of New York City and Governor Andrew Cuomo of New York speak at a press conference October 23, 2014 in New York City.

Mayor Bill de Blasio of New York City and Governor Andrew Cuomo of New York speak at a press conference October 23, 2014 in New York City.

 Photo by Bryan Thomas/Getty Images

The five-bus caravan rumbling into East Hampton last weekend couldn’t be mistaken for the luxury jitneys that bring Manhattanites to Long Island’s east end each summer.

There were no reclining leather seats or DVD monitors for the rag-tag group of passengers. Calling themselves the Hedge Clippers, they came from the Bronx, Brooklyn and Queens to the oceanfront estate of billionaire Daniel Loeb. He was hosting a $5,000-per-person fundraiser for Governor Andrew Cuomo, and they were there to protest.