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Overheard some traders mentioned this morning about some hedge fund that shorted the heck out of assets backed by mortgages. And they got a return of over 600% this year =D>I didn't catch the name of the firm. Apparently, it's a zero sum game. While you hear about billions of loss at big firms, you would never hear about the billions on the other side.
Overheard some traders mentioned this morning about some hedge fund that shorted the heck out of assets backed by mortgages. And they got a return of over 600% this year =D>
I didn't catch the name of the firm. Apparently, it's a zero sum game. While you hear about billions of loss at big firms, you would never hear about the billions on the other side.
