Relevant:
- Emails Give Glimpse Into Deals That Fueled Financial Meltdown
- The Magnetar Trade: How One Hedge Fund Helped Keep The Bubble Going
- The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble Going
- Fun With Charts: The Timeline of the Magnetar Deals
- Mirabile Dictu! The SEC Finally Investigates Magnetar
2012-08-06 — propublica.org
As ProPublica has been detailing for two years, Wall Street banks and the hedge fund Magnetar worked together to build mortgage-backed deals that the hedge fund also bet against. The more than $40 billion of deals helped fuel the crash of 2008.
Now, recently collected emails from bankers and a Magnetar executive involved in some of the deals appear to shed new light on how they did it.
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.