Some Things Rich and Strange
A Survey of the Sciences and Arts
Tuesday, April 13, 2010
One Hedge Fund that made money fueling the Bubble
The Magnetar Trade: How One Hedge Fund Helped Keep the Bubble Going
at
ProPublica
.
"A hedge fund,
Magnetar
, helped create arcane mortgage-based instruments, pushed for risky things to go inside them and then bet against the investments"
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