Jon Bauer’s Contrarian Capital is another hedge fund that continues to profit from the liquidation of Lehman Brothers Holdings Inc. (OTCMKTS:LEHMQ) debt. In both the US and UK, Contrarian Capital is seeing success in its claims against Lehman debtors and the investment was Bauer’s single largest gainer in the last quarter. Seth Klarman’s Baupost Group has been enjoying profits through Lehman debt payments for the past two quarters as well.
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