The hedge fund reportedly lost big by betting on Greece, with one element of the fund dropping by as much as 48 percent one year, the Wall Street Journal previously reported.
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Just like the Clinton Crime Foundation - this is a scam to all investors.
I do not feel sorry for investors in this scheme. They got what they deserved.
Betting on Greece is like betting on the Washington Generals to beat the Harlem Globetrotters. No wonder the guy shut down the hedge fund. I wouldn’t trust him to run a lemonade stand wisely.
I'm hoping lots of public employee union funds were involved.