4.18.2008

How Hedge Funds Reap Billions from Economic Misery

Hedge Fund managers in 2007 reaped huge profits by betting on commodities and the crisis in financial markets-John Paulson $3.7Bln., George Soros $2.9Bln. and James Simons $2.9bln. The 50th hedge fund manager's $210 ml. seems paltry in comparison according to figures compiled by Alpha Magazine

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