Hedge funds bet on Obamacare

CNN – Hedge fund manager Dan Loeb, once a supporter of President Obama, is now a critic. But he appears to think the president’s health care plan will be a boon for health insurers. And he’s not alone.

Loeb and noted short seller David Einhorn accumulated new positions in multiple health insurance stocks at some point in the second quarter, according to SEC filings released Tuesday.

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