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Reality Bites

Graduate students who signed up to run the University of Virginia’s fund didn’t expect to have much of their $6.2 million in assets frozen because of the Lehman Brothers bankruptcy.

When graduate students at the Darden School of Business at the University of Virginia signed up this year to run the school’s fund, Darden Capital Management, they expected to learn all about the real-life problems of asset management. What they didn’t expect was to have much of their $6.2 million

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