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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (278442)9/24/2010 2:06:50 PM
From: Giordano BrunoRead Replies (3) | Respond to of 306849
 
The Bubble wasn’t my fault because it was not in my job description.

~Allen Greenspan



To: Les H who wrote (278442)9/24/2010 2:26:59 PM
From: Les HRespond to of 306849
 
Top Hedge Fund Losers of 2008

marketfolly.com

1.Citadel's Ken Griffin: Personal wealth down $2 billion after their two flagship funds lost over 50% in 2008.
2.ESL Partners' Eddie Lampert: Lost $1 billion in wealth due to losing positions, including his painful Sears Holdings (SHLD) stake.
3.SAC Capital's Steven Cohen: Personal wealth down around $750 million due to his funds being down over 18%.
4.Tontine Associates' Jeffrey Gendell: After chronicling Tontine's misfortunes all throughout the year, we learn that Gendell has lost around $625 million in personal net worth.
5.Lone Pine Capital's Stephen Mandel: He suffered losses with his overseas funds which were -26% and -32%, causing his worth to decline $550 million.
6.BP Capital's T. Boone Pickens: We've also documented Boone's struggles, as his bad wagers on oil really hurt him. He lost $450 million as his energy fund was down around 60%.
7.Appaloosa's David Tepper: He lost $425 million as his funds were down over 25%.
8.Icahn Enterprises' Carl Icahn: Large positions in Motorola (MOT) and Yahoo (YHOO) really hurt him, as his fund was down 35% for 2008, causing Icahn to lose $400 million.



To: Les H who wrote (278442)9/24/2010 5:12:16 PM
From: koanRespond to of 306849
 
Yep, look at what the dollar and metals did today.

www.kitco.com