2009-03-10 — finalternatives.com
"Harbinger Capital Management is jumping on the bandwagon shorting British banking stocks. The activist hedge fund shop reported a £110 million (US$153.9 million) short position in HSBC, in the wake of the bank’s huge rights issue and fellow hedge fund Eton Park Capital Management’s £160 million (US$223.8 million) profit shorting HSBC shares."
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