Hedge Funds Literally Blowing Up

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It's a good thing the Caymans are used as a tax shelter and not a real shelter for many PE firms and hedge funds as Hurricane Dean rips through the Caribbean. Dean is expected to hit the Caymans today and may outperform many of its peers, potentially reaching Class 5 status with 155+mph winds. So far, no hedge fund employees have been hurt in the storm.
Tourists Flee Cayman Islands After Dean Batters Jamaica [Wall Street Journal]

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