Monday, August 31, 2009



UPDATE 1-Cerberus clients overwhelmingly want out-WSJ
Fri Aug 28, 2009 3:53pm EDT

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BOSTON, Aug 28 (Reuters) - Cerberus Capital Management has been swamped with redemption requests with the Wall Street Journal reporting that investors are asking to pull out $5.5 billion or 71 percent of assets from its hedge funds.

Cerberus last month tried to entice investors into staying with the firm, but found that its clients overwhelmingly wanted to leave, the newspaper reported.

... seing the "superior technology" results ...
... of the godly incompetent detroit intellighentia ...
... "priceless" ...






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