LONE STAR FUNDS NOT OUT OF THE WOODS

An alert FBvian points us to this NYT article about South Korea’s efforts to investigate Dallas-based Lone Star Funds for, essentially, making too much money. Here’s what you need to know:

Just eight years ago, Lone Star was hailed as a savior, pouring money into companies crippled by South Korea’s financial crisis. Today, it appears to be in danger of being run out of town in a flap that could threaten Seoul’s attractiveness to foreign investors.

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