Larry Summers’ Hedge Fund Freezes Redemptions | WHAT REALLY HAPPENED


Larry Summers’ Hedge Fund Freezes Redemptions

Larry Summers’ company, D.E. Shaw, announced this week that it has frozen client withdrawals. Summers, who was tapped to lead President Obama’s White House National Economic Council, served as a managing director to the hedge fund up until the announcement of his cabinet appointment.

D.E. Shaw Co, is a New York based hedge fund with a reputation surrounded in secrecy.

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