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Another sad hedge fund tale

The New York Post tells the story of hedge fund manager Stephen Czech, who took an approved leave of absence from Contrarian Capital Management in Greenwich, Conn., from Jan. 6 to Feb. 16 to get medical care for his 11-year-old son, suffering from an inoperable brain tumor. While he was gone, his already poor relationship with founder Jonathan Bauer got even worse, as a dispute erupted about whether the company owed Czech more than $1 million in compensation. Bauer's issue is that Czech was required to reinvest 25 percent of his take. It's unclear why the rest was denied. In any case, it has all ended up in court. And Czech's son staged a recovery.

For more:
- here's the New York Post article

More stories about Hedge Funds   Stephen Czech   Contrarian Capital Management   Jonathan Bauer  

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