Us Fund Makes a Fortune Out of Subprime Woe

Summary


SUBPRIME woes might be causing untold misery, but those who could see it coming have made spectacular fortunes.

A California hedge fund that bet heavily against securities linked to US home loans has made returns in excess of 1000%.

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Extract


Us Fund Makes a Fortune Out of Subprime Woe

Lahde Capital was set up l...

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