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Dan Loeb's Third Point hedge fund reportedly pulls a mini-John Paulson, racking up a $500M gain...

Dan Loeb's Third Point hedge fund reportedly pulls a mini-John Paulson, racking up a $500M gain in just a few months on a $1B Greek debt position. His fund bought the paper for around 17 cents on the euro, and likely just sold it back to the Greek government at double that amount. Meanwhile, economic conditions in Greece get even uglier.
Comments (1)
  • Oh Greece...
    19 Dec 2012, 08:31 AM Reply Like
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