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Hedge fund owner made 3.7 billion income in 07 by speculating against subprime mortgages

  • Writer: info27725
    info27725
  • May 9, 2015
  • 1 min read

Hedge fund owner made 3.7 billion income in 07 by speculating against subprime mortgages; speculation that they would collapse. in one hr makes 30x what average makes in a year

Source: Bill Moyers Journal, June 13, 2008, interviewing Tim Fraser, author of Wall Street.


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