Diamond Lake struggles to get off the ground
Fri Mar 28, 2008
The launch of Dow Kims Diamond Lake Investment Group
is expected to be a bellwether for megalaunches this year. If
so, its not sending a particularly positive signal so
far. Kim, who until May 2007 oversaw the division that ended up
being responsible for a large part of the $20 billion-plus
writedowns by his former employer Merrill Lynch, has had to
delay the start of his fund and will begin trading with less
money than expected....
ISSN: 2151-1845 / CDC10004H
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