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28 Jan 2009, 9:40 am
Organized in 1996 and re-organized in 2003, the Bayou Fund and its various successor hedge funds were all managed by Bayou Management LLC, and the trading activities of the group were conducted through a single, captive broker-dealer called Bayou Securities LLC.[4] All these entities were owned and controlled by Sam Israel ("Israel"), the chief executive of Bayou Management. [read post]