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Long Island country clubs feeling the pinch

One country club has been sold, another fights to stay open and others have lowered dues and scrapped fees to entice new members.

The economy and imprisoned financier Bernard Madoff's $21-billion Ponzi scheme have knocked out some good times at Long Island's swanky clubs, owned by members who pay five-figure fees each year.

Some of the Island's 75 clubs have lost scores of members in...

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