Relevant:
- Hedge Fund Harbinger Capital Portfolio Update: Selling Large Chunk of Calpine
- Investors Seek to Pull $1 Billion From Hedge Fund
- Former Harbinger Employee Attempting To Take Phil Falcone For A Ride
- LightSquared Creditors Want Anti-Bankruptcy Provisions, Falcone Out
- Hedge Fund Manager Phil Falcone totally beats Stevie Cohen in 09
2008-10-05 — nypost.com
This made Falcone's fund $2.5 billion:
Philip Falcone, of New York-based Harbinger Capital, rang up the incredible profit by shorting a whopping 117 million Wachovia shares at $30 back in May after his top analyst and investment chief pointed out problems with the Charlotte, N.C.-based bank's mega-billion dollar Option ARM loan portfolio.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.