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Prentice Down 88% In 2008, To Launch New Fund

In another installment of "We Lost Most of Your Money, You Can't Have the Remainder Back, Now Give Us More Money," Michael Zimmerman "plans to start a hedge fund focused on retail and consumer stocks after his main fund halted redemptions and lost as much as 88 percent last year," according to Bloomberg.

At least in the movie business, they try to sell you a sequel after having done reasonably well with the original.

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