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FOR THE RECORD - May 30, 2009

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Madoff hearing: An article in Friday’s Business section about a state Senate committee hearing on the effect of Bernard L. Madoff’s financial fraud on Californians identified Elliot Kaye as a retired chief operating officer of Parthenia Medical Group Inc. Kaye, who said he lost his $1.3-million retirement fund in the collapse of the Madoff investment firm, isn’t retired.

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