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Dear Investor....

Tuesday, August 12, 2008 | 09:42 AM

in Credit | Currency | Finance | Hedge Funds | Short Selling

This will be the funniest thing you read today:

>
ACME Systematic Leveraged Macro Momentum Fund LP
321 Overprice Street
Greenwich, CT 00573

Dear Investor,

This letter is to inform you that the wheels have come off of the proverbial wagon at ACME Systematic Leveraged Macro Momentum Fund LP, and that the same awesome thematic portfolio that made you feel (in the first half-year) as if you'd become very rich in comparison to those sucking wind on their leveraged MBS portfolios or Japanese Small-Cap Value Funds, has, quite literally, spontaneously combusted in our faces...

Continued . . .

>

via Cassandra Does Tokyo

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Comments

Bahahah. Someone yelled at me, called me an ass, etc., a few weeks ago when I told them he was a sheep about to get slaughtered when he bought POT at 220. Now it's the butt of an internet joke!

Posted by: RJ | Aug 12, 2008 10:23:01 AM

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