| 22.12.2008 Other Voices: Why Madoff is not representative for the hedge fund industry |
| From First Avenue Partners` Bryan Go: The Madoff Fraud is bound to have investors running from hedge funds. However, one should realize that Madoff was not structured as a typical hedge fund. The Madoff structure was unique, and allowed ample latitude for fraud. Madoff is not representative of the hedge fund industry. Investors in Madoff: Did not buy shares in an offshore entity advised or |