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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Mary Hudetz / The Bulletin
April 14, 2009
SALEM — State officials are seeking $36.2 million in damages from OppenheimerFunds Inc., which managed a fund responsible for steep losses in the Oregon College Savings Plan.
They said in a statement Monday that risky, “hedge-fund like” investments cost the....