Hedge Fund News From HedgeCo.Net

Prominent hedge funds jumping into financials

Reuters – Prominent hedge fund managers voted with their wallets in the fourth quarter to declare the long financial crisis over, and made big bets on banks and other lenders to back that view.

John Paulson, Edward Lampert and Carl Icahn were among those who raised their bets on financial stocks during the last three months of 2009, regulatory filings released on Tuesday and last week show.

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