BOSOX HENRY’S FIRM BLEW $1.7B SINCE 2004 SERIES WIN: Gotta whole mess o’ cash laying around you aren’t using?
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Well, THE STREET reports that if you have no interest in keeping that money, Boston Red Sox Owner John Henry is just the man to give it to: “How bad does it look? You can see the figures at Henry’s own Web site, and they are astonishing.
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“Since December 2004, his main investment fund has lost a stunning 36%. And according to a report in the May 29 Wall Street Journal Henry’s slide continues, as Merrill Lynch has redeemed $600 million from the firm.”
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More specifically, Henry’s investment firm has lost $1.7 BILLION in assets since the Sox won the World Series in 2004.
