People often think of bonds as being low risk. They are lower risk than stocks, but they are still subject to all sorts of different potential problems.
He feels insulted that the president has suggested that the wealthy are somehow "bad," and that they pay no taxes, which is an exaggeration, but hell, I lack the sensitivity of the rich.
Wall Street "veteran" Leon Cooperman has written an "Open Letter to President Obama" that provides us with a glimpse into the mindset of our 21st century corporate overlords. What's put a bee in Mr. Cooperman's bonnet is the president's "tone" toward billionaires like himself.