Hedge Fund News From HedgeCo.Net

Goldman Traders Are Caught Up in a Bizarre, Tense Hedge Fund Battle

(Bloomberg) In a year of missteps across its trading business, Goldman Sachs finds itself in a dicey situation again. This time, the bank’s credit trading desk is caught in the middle of a raging battle among hedge funds over the debt of big U.S. homebuilder Hovnanian Enterprises Inc.

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