Marketwatch’s Ben Eisen posted a story on the several types of beneficiaries of Lehman debt that have turned richer in the past two years as payments from the demise of the lender roll out. Lehman Brothers’ downfall singularly caused a shakeup in the entire financial base of the U.S. and brought about a widespread and long-lasting crisis. The incident marks its fifth anniversary this Sunday. Paulson, Singer, Klarman getting richer with Lehman An entire group of hedge funds bought Lehman’s debt and are now being paid a huge sum for the risk they took. As per WSJ, hedge funds have…
Klarman, Singer & Paulson Get Richer With Lehman Liquidations
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.