Harbinger Bets On Hbos Rights Doom

Daily MailJune 24, 2008

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Summary


PHILIP Falcone, one of the world's top-earning hedge fund managers, has staked hundreds of millions of pounds on a decline in HBOS shares.

Falcone's Harbinger Capital Partners has taken a [pounds]340m gamble that the Halifax owner's stock will head south, a regulatory filingshowed.

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Extract


Harbinger Bets On Hbos Rights Doom

Controversial fund giant GLG has taken a series of bets against Bradford & Bingley shares, accord...

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