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Hedge fund founder used phony firm, returns: authorities

Reuters – A hedge fund manager overstated values by hundreds of millions of dollars, set up a phony accounting firm and showed uniformly positive returns for nine years to defraud investors, U.S....

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Top Hedge Fund Managers Do Well in a Down Year

The Ledger – The financial crisis may have turned much of Wall Street’s wealth into dross, but a select group of hedge fund managers has managed to maintain a golden touch that might make King Midas...

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