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Hedge-Fund Duo Runs Afoul of Oldest Regulations -- the Criminal Kind
Investors willing to pay two percent in fees and 20 percent of the profits probably deserve whatever happens to them. After all, anyone who expects persistently outsized returns after paying costs like these is probably at least a little delusional. Such returns may happen for a while -- especially thanks...
Tags: Hedge Fund, Regulation, Investor, Investment, Financial Services, Financial Accounting, Finance, Dan Ackman
Blog posts 2008-06-19
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