Wall Street Manna

An irreverent look at Wall Street

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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