Sometimes Even Hedge Funds Get It Wrong

Seems that more than a few hedge funds were betting against the sub-prime mortgage backed securities. I guess they forgot the options available to the underwriters…

http://www.realestatejournal.com/indinvestor/20070608-kelly.html

http://www.realestatejournal.com/indinvestor/20070613-kelly.html

Related posts:

1. People are Starting to Compare CDO Hedge Funds to Enron.
2. Lenders are Starting to Get It.
3. This is One of the Most Common Reason Real Estate Investors Give Up
4. Lenders Face Obstacles in Loan Modifications
5. The Builders Nightmare is Heating Up.

Tags: HousingPanic Lunacy, Subprime