Institutional Investors: Hedge funds passed the “stress test”
| Jun 24th, 2010 | Filed under: Institutional Investing, Today's Post | By: AAA Staff |
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This weekend, thousands of hockey players, agents and managers will converge on the Staples Centre in Los Angeles to participate in the 2010 NHL Entry Draft (assuming they have cleaned up all the debris from last week’s Lakers victory party/riot). But before NHL teams invest millions of dollars in promising new players, they force those players to undergo a battery of medical exams. As Canada’s Globe & Mail newspaper writes:
“…What fans didn’t get to see, however, was another series of tests the athletes were forced to undergo in a subterranean, makeshift medical facility where affable doctors in running shoes consulted charts and screens, seeking medical flaws that could instantly extinguish any hopes of a professional career on the ice…”
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