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From Peloton To Profit

Forbes – A year ago, Conrad Levy was a player in one of the most spectacular blow-ups in hedge fund history. Peloton Partners, the fund at which Levy was chief compliance and operating officer, collapsed after an outsized bet on subprime securities went horribly wrong, resulting in the fund losing $17 billion in a matter of days. Now Levy is profiting from that experience.

Since mid January, Levy has been working as a consultant for PricewaterhouseCoopers, helping hedge funds restructure themselves when they have hit a landmine.

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