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Business

Perots Take a Bath

By Tim Rogers |

Yesterday it was revealed that a hedge fund controlled by the Perot family is being forced to liquidate. Parkcentral Global Hub was worth $2.5 billion earlier this year; now it’s worth $1.5 billion. The rumor I’m hearing is that Ross Perot himself lost somewhere north of $200 million in the fund. Forbes recently put his worth at $5 billion, so that probably won’t change his vacation plans. But it still has to smart.

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