Hedge fund manager files for bankruptcy

Tampa Bay Business Journal – Hedge fund manager Terry D. Rawstern estimates the combined value of his 2000 Pontiac Firebird and 2001 Explorer at $6,000.

His house in Greyhawk Landing, valued at $335,000 for tax purposes, is in foreclosure. He has $19.5 million in liabilities.  Foreclosure documents in Manatee County court and information in a Chapter 7 bankruptcy petition Rawstern and his wife filed Feb. 3 paint a portrait of a businessman in financial trouble.

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