Another Zionist Ponzi Scheme?
Arthur Samberg, of the Pequot Capital Management Inc. hedge-fund, is
closing down his firm amid an ongoing investigation into possible insider
trading.
"Public disclosures about the continuing investigation have cast a cloud
over his firm. Samberg has decided that Pequot can no longer stay in
business." Over his 22 years as a stock picker, Mr. Samberg racked up
annualized gains of 16.8% after investor fees were deducted, compared with
8.5% for the S&P 500.
The fund has dropped from $15 billion in 2001, to about $3
billion today.
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