Sunday, August 3, 2008

Hedge Funds underwater

Looks like the "Masters of the Universe" can't even master their own backyard!

New York's Top 100 hedge-fund titans are getting flattened in the credit crunch. The high-flying traders - who were touted around the globe for their killer 2007 returns and $100 million paychecks - can't get out of the red in the first half of 2008, according to hedge-fund performance records obtained by The Post.

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