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Wednesday, December 19, 2012

Dan Loeb's Third Point hedge fund makes $500m profit from Greek bonds


Telegraph.co.uk

Dan Loeb's Third Point hedge fund makes $500m profit from Greek bonds
Telegraph.co.uk
Mr Loeb has reportedly sold a large part of a $1bn position in Greek debt that soared in value in the wake of the buy-back deal unveiled by Athens on Monday. The trade will stand out as one of the most audacious bets on the eurozone debt crisis so far.

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