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Record Pay For Hedge Fund Managers In 2009 (GLD, AU)
Thursday, April 1, 2010 - 12:20pm
The incredible rally in equity and credit markets in 2009 has translated into some jaw-dropping earnings figures for the world's top hedge fund managers. In fact, it is a record. The top 25 managers brought in a collective $25.3 billion. These figures include both the estimates of each money...
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Hedge Fund King Who Lost Billions Asking For More Billions
Friday, November 20, 2009 - 11:44am
Hedge fund giant Kenneth Griffin lost $8 billion in investors’ money last year, but the Wall Street Journal says he is now trying to persuade investors to trust him with more money. Griffin explains a loss of $8 billion of other people's money by saying he showed human fallibility, which...
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Griffin Warns Against Status Quo in OTC Derivatives Market
Tuesday, October 27, 2009 - 11:11amIt is quite normal to forget painful lessons learned from the past. However, Kenneth Griffin, Founder of Citadel Investment Group and its Chief Executive urge everyone including the government not to forget what happened in the past. When Long Term Capital Management collapsed more than 10 years...
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