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November 12, 2008

(AFX UK Focus) 2008-11-12 05:59 Billion-dollar hedge fund managers face hearing- FT

Nov 12 (Reuters) - Hedge fund managers who earned more than $1 billion last year, including George Soros and Philip Falcone, are being summoned to Capitol Hill on Thursday to testify under oath about potential risks their firms pose to the broader economy, the Financial Times said. The hearing before the House oversight committee will be headed by Democrat Henry Waxman, the paper said. Soros and

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