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What’s Going On with the Ex-Goldman Guys?
Five or six hedge fund managers who have left the industry, run afoul of the law, or suffered sizable asset losses hail from the same Wall Street firm.
Daniel Och, Och-Ziff Capital Management (Bloomberg) Richard Perry, Leon Cooperman, Daniel Och, Edward Lampert. These four are among a larger group of old-guard, veteran hedge fund managers who have run into some sort of trouble of late, whether legal problems, large asset losses, or lousy performance. One has already decided to quit
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