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6. When Bernie Madoff's fund collapsed in December, 2008, many people said it gave all hedge funds a bad reputation, while a few people said

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6. When Bernie Madoff's fund collapsed in December, 2008, many people said it gave all hedge funds a bad reputation, while a few people said hedge funds were not the problem. Do you believe Madoff's collapse was symptomatic of a larger problem within the hedge fund industry that warranted all hedge funds to become suspect, or do you believe that was not the case? Please explain your

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