Friday, February 29, 2008

Mortgage mess socks ex-Goldman Sachs stars

Not long ago, Goldman Sachs alums Geoff Grant and Ron Beller looked like superstars. A prescient bet on the collapse of the subprime mortgage bond market generated last year a whopping 87 percent return on their hedge fund, Peloton Partners.



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[Source: Financial news of the day - CNNMoney.com]

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