Retired tech exec's hedge fund hit with lawsuit

Full story: Santa Cruz Sentinel

A father and son who ran a pair of small hedge funds catering to Silicon Valley Indian professionals are defending themselves against a lawsuit filed by angry investors who say the two hid big losses in 2008.

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Felton, CA

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#1
Aug 22, 2010
 
Anyone notice the similarity between this and some other schemes involving (for example) small churches? The folks involved tend to have similar backgrounds, experiences, and beliefs.

Got that? Good. Now compare it to higher education, in which the peddlers insist that the clientele invest more and more (that is, get more education) even though the payoff is less and less, and the debt load is higher and higher. Why, the dealers have our same interests, don't they? Surely we must trust them!
Nazi Ann

San Francisco, CA

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#2
Aug 22, 2010
 
What? Please let me gas you.

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