Posted by WSF On December - 23 - 2008

More shrinkage at LTCM founder John Meriwether's latest hedge fund: His JWM Partners November investors' letter disclosed that they had run up losses in its flagship Relative Value Opportunity Portfolio through November 2008 to the tune of nearly 43% and was down to $554.8million in assets. The latest: Four partners are leaving and the remaining staff will be cut from 35 to 25….

Tags: Credit Crunch, hedge fund, Hedge funds, John Meriwether, JWM Partners, Long Term Capital Management, LTCM, Revolving Door

Credit Crunch, Hedge funds, LTCM, Revolving Door

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The Daily Show’s Jon Stewart calls Apple “Appholes” after the cops stormed a Gizmodo guy’s door
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John Meriwether’s JWM Partners continues to shrink after big losses

The Daily Show’s Jon Stewart calls Apple “Appholes” after the cops stormed a Gizmodo guy’s door

Video: Former Goldman staffer and 2006 Hampton’s Magazine hot bachelor Josh Birnbaum testifies in the Senate inquisition of Goldman Sachs

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