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Politics : Ask Michael Burke

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To: Pogeu Mahone who wrote (102426)9/17/2005 2:17:23 AM
From: shadowman  Read Replies (4) of 132070
 
Here's an article by Gretchen Morgenson in the NYTimes about one of your favorite subjects, hedge funds.

"If there is a hell I will be there for eternity."

So reads a passage in the six-page "suicide note and confession" written by Daniel E. Marino, chief financial officer of the Bayou Group, a hedge fund firm in Stamford, Conn., that was accused by federal prosecutors on Sept. 1 of conducting a $300 million fraud. The note, whose contents were confirmed by two officials who have seen it, answers in sometimes gripping detail the questions that have consumed Bayou's investors since the fund's problems exploded into view one month ago.


nytimes.com
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