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An SEC survivor: Hedge fund thrives after civil charges, as SAC faces heat

NYP – Imagine that a multibillion-dollar hedge fund is accused of fraud and pays a huge fine to settle with the Securities and Exchange Commission while its famous founder personally ponies up millions more to move past the scandal.

No, this is not SAC Capital Advisors, the $14 billion hedge fund that may face civil charges over an alleged insider-trading scheme.

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