Harbinger fund bet against subprime debt and won
Story date: 2007-10-05 03:46:00
Added on: 2007-10-05 06:45:59
International Herald Tribune - Falcone, 45, a former head of high-yield trading at Barclays Capital, expected bonds backed by subprime mortgages to lose value, and benefited as foreclosures hit a record level in the second quarter. His holdings of commodities like steel and copper ...
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