Louis Marsicovetere

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    The New York State Department of Labor Would Like A Word With Jim Simons

    A refrain typically heard when discussing Jim Simons’ Renaissance Technologies is that it “must” be a Ponzi scheme. Those shouting ‘Ponz’ simply can’t wrap their minds about the eye-popping returns in the Medallion fund-made up mostly of employee money- and the comparatively less stellar performance of RIEF and RIFF. They’re also made nervous by the […]

    / Jan 24, 2011 at 11:43 AM

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