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Forbes Article Christopher Sugrue Stormed Refco and WonDESCRIPTION
2132014 1200AM Unwilling Lenders If Refcos creditors get their way, hedge fund investors will face yet another risk. Imagine the unimaginableFidelity Investments goes bankrupt. Fidelitys creditors try to get what theyre owedfrom the 1.2 trillion in client assets managed by the company. Sound crazy? It is, but its close to what Refcos creditors are trying to do to investors in a hedge fund that kept accounts with the failed commodities trading firm. Starting in 2004 brokers from firms like A.G.PARSED CONTENT
The website had the following in the site, "Forbes Magazine Christopher Sugrue Storming and Successful." We viewed that the web page stated " If Refcos creditors get their way, hedge fund investors will face yet another risk." It also said " Imagine the unimaginableFidelity Investments goes bankrupt. Fidelitys creditors try to get what theyre owedfrom the 1. 2 trillion in client assets managed by the company. Sound crazy? The fund, which tracks the SP Managed Futures Index and is meant to provide a hedge against the stock market, managed at least 312 million from some 1,000 ."