Brother, Can You Spare a Billion?

Altogether the 25 highest-earning hedge fund managers made $11.6 billion in 2008.

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Depression? What depression?

Fears that the recession could turn into something far worse are wracking markets around the globe. Although the hedge fund industry didn’t escape the carnage of what many are calling the worst financial crisis since the 1930s, some managers are doing just fine, raking in money hand over fist.

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