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Marc Lasry's troubled path to Paris

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Why it's hard for fund managers to become ambassadors.

FORTUNE -- Earlier this week, hedge fund manager Marc Lasry declined President Obama's request to be nominated as the next U.S. ambassador to France. Today the NY Post reports that Lasry withdrew over ties to "an alleged Russian mob-run poker ring" that was busted last week by the FBI, although a source close to Lasry says that the paper got it wrong.

"Everyone knows MORE


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