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An interesting look at how Hedge funds have become the profit centers for Investment Banks. Hedge Manager Is Almost Famous - New York Times: "More than any other investment bank, Goldman Sachs relies on trading gains to drive its profits. Mr. Agus had a very good year in 2005 — he is estimated to have made $10 million to $20 million — and he will surely get a raise in 2006. His year is further

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