Saturday, May 16, 2009

The SEC visits Slippery Simons

According to Zero Hedge, assets under management for Slippery Simons RIEF fund, with the $100 billion capacity, is now down to just $5.4 billion.

Now the SEC is sniffing around, wondering why Medallion's investors returns, are always so much better than his institutional clients.

The complete story on Slippery Simons is here:

And five months ago, you had it here, before the WSJ and CNBC picked up on it!

We'll soon see what the keyhole sees!

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