Bloomberg’s Kelly Bit reports on how hedge funds continue to make billions of dollars trading in the debt of Lehman Brothers nearly six years after the firm filed for the largest-ever bankruptcy at the start of the financial crisis. She speaks on Bloomberg Television’s “Market Makers.” This is interesting topic which we have covered in the past. Also see Bloomberg article.
Lehman Brothers’ Remains Reap Billions for Hedge Funds
At this year's SALT New York conference, Cathie Wood, founder, and CEO of ARK Investment Management LLC, spoke about her view on Bitcoin, the outlook for Tesla and Ark's investment process. Q2 2021 hedge fund letters, conferences and more The investment manager explained that the team at ARK has a five-year investment horizon, with a Read More