Harbinger, Amber both ensnared in Lehman woes

Mon Sep 29, 2008

Lehman Brothers' bankruptcy is posing significant problems for at least two of its hedge fund clients - Phil Falcone's Harbinger Capital Management and Joseph Oughourlian's Amber Capital Management. Both firms have hundreds of millions of dollars in exposure to Lehman's London unit.

For the once-soaring...

ISSN: 2151-1845 / CDC10004H

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