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Rumor Of The Day: Kinda Makes You Wonder

At one time the integration you saw in a Madoff operation (self-administration) was probably considered a benefit, despite the fraud red-flag it should have raised. No more. We keep hearing rumors that fund of funds have been pulling back from the likes of DE Shaw, Millennium Partners and Caxton. Apparently, they are all self-administered.
True? False? Incomplete list?
You tell us.