Ain't that sumpin?

In the Times today:

"Some hedge fund titans took home large sums of money even as their investors were left with little to show, in large part because of the sheer size of the assets under management and the fees they charge."

Pictured was a gentleman in a dark suit, open collar, tasseled loafers smiling in a relaxed and buoyant manner.  Seems like a nice, friendly guy.  We are informed that his earning were, if I recall correctly, on the order of three billion dollars last year.  I believe his last name is Tepper.

 We are told that most hedge funds did not even perform as well as the stock market last year, returning on the average 9%. And yet, the CEO's ( as Mr. Tepper is) became even more fabulously wealthy. 

Is anyone else seeing this?