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The Long Run Blog

Showing posts with label PAAM. Show all posts
Showing posts with label PAAM. Show all posts

Wednesday, August 20, 2008

The Old Fashioned Way

I see that Paul Eustace, former manager of the hedge fund Philadelphia Alternative Asset Management, has been ordered to return $279 million to clients and pay a $12 million civil penalty (http://news.yahoo.com/s/nm/20080819/bs_nm/hedgefund_fraud_dc;_ylt=Al63G7G60fmYlUYT1QUXBce573QA).

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Posted by Brett at 12:49 AM 1 comment:
Labels: Fraud, Hedge Fund, Markets, PAAM
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