THURSDAY MARCH 20
Bear Trap?

The good news is, you just made a boatload of cash shorting Bear Stearns. The bad news is that SEC officials (none of whom make anywhere near what you do) think they smell something rotten in the state of Denmark. Here, the laundry list of the big hedge funds that pulled in the fattest hauls on the fallen Bear – and why some of them may soon find themselves in a reciprocal crosshairs.

March 2008

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