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Damion Frye

School tests value of star teachers paid top dollar

Submitted by cahn on 7 June, 2009 - 12:49pm

So what kind of teachers could a school get if it paid them US$125,000 a year?

An accomplished violist who infuses her music lessons with the neuroscience of why one needs to practise, and creatively worded instructions such as: "Pass the melody gently, as if it were a bowl of Jell-O." A self-described "explorer" from Arizona who spent three decades honing her craft at public, private, urban and rural schools. Two with Ivy League degrees.

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What did I say then?

Citigroup's Margolies to go it alone | FT

Submitted by cahn on 19 July, 2004 - 6:53pm

Ross Margolies, who runs $3.25bn for Citigroup in three different hedge funds, is quitting the bank this summer to set up his own hedge fund business.

The venture, yet to be named, is expected to be running by October.

Mr Margolies and his 50-strong team will still manage $3.25bn for the bank and have also made an arrangement to provide the bank with a "material" slice of future capacity in the new venture. The plan is to raise more assets in the coming months and set up new hedge fund products.

Mr Margolies, who runs arbitrage and equity strategies, joins the growing numbers of bankers who are quitting Canary Wharf and Wall Street to set up their own businesses in the fast-growing hedge funds sector.

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