Posts Tagged ‘billions’

Larry Summers’ Hedge Fund Freezes Redemptions

Wednesday, December 10, 2008 12:26 14 Comments

Larry Summers’ company, D.E. Shaw, announced this week that it has frozen client withdrawals.
Summers, who was tapped to lead President Obama’s White House National Economic Council, served as a managing director to the hedge fund up until the announcement of his cabinet appointment.
D.E. Shaw Co, is a New York based hedge fund with a [...]

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