A Hedge Fund Dogfight, Live, Mesmerizes Wall Street

Dealbook – For a half-hour on Friday afternoon, the eyes of Wall Street were not on the usual fixations, like the fiscal talks in Washington, or Apple’s earnings or a potential takeover of Dell.

Instead, they were turned to the cable channel CNBC, watching verbal fisticuffs that could rival anything on reality TV, a spat between two hedge fund magnates with a decade-long grudge against each other.

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