08.09.2005 Other voices: FoF manager shares four easy clues why Bayou was a `no-go`
Portfolio Managers Randall Dillard and Jeff Holland from Liongate write: Best practice for hedge funds require the involvement of independent third parties. Bayou provides an invaluable lesson for investors about when to pass on investing: Affiliated auditor. The audit firm shared office space with Bayou, and the firms had related ownership interests. Never invest in a fund which does not u
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