GSAM: Back In The Game

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It's been pretty well-documented that Goldman Sachs isn't so good with the hedge funds. Global Equity Partners, Global Equity Opportunities, GSIP-- none ofthem cangetittogether. Leading the way has been Global Alpha, GS's flagship fund-- i.e. the central showcase for the unbridled abnormal genius that is Goldman Sachs Asset Management-- which impressively lost more money in 2007 than almost any other hedge fund. Which is why it warms our hearts to receive word that GA is up 5.4 percent for April, and a whopping (compared to negative 40) 9 percent year to date. We're so psyched about the turnaround that we're not even going to suggest that this is an early sentinel of destruction. All we're going to do is this:

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