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Hedge Funds: Vultures or Angels?

  "Angelic" Eddie Lampert (Photograph by Cale Merege/Bloomberg News) Are hedge funds bloodthirsty vultures or angelic groups of financiers who can offer tangible results to distressed businesses? According to a recent study from the University of British Columbia’s Sauder School of Finance, they’re definitely the latter. The study certainly contradicts public perceptions

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