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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Giordano Bruno who wrote (339792)8/3/2007 7:31:14 PM
From: Secret_Agent_Man  Read Replies (3) of 436258
 
State pension system takes hit in hedge fund collapse

Loss of $30m dwarfed by Harvard endowment, which had $250m erased

By Christopher Rowland, Globe Staff | August 2, 2007

The Massachusetts state pension system lost $30 million with this week's collapse of Sowood Capital Management LP, the first evidence that public money also went down the drain when the $3 billion Boston hedge fund lost more than half its value in July…

boston.com
finance/articles/2007/08/02/state_
pension_system_takes_hit_in_hedge_fund_collapse/
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