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sterlingkuning

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sterlingkuning

Re: None

Wednesday, 11/16/2011 12:36:28 PM

Wednesday, November 16, 2011 12:36:28 PM

Post# of 3460
Tepper Snags MF Global Shares
http://blogs.wsj.com/bankruptcy/2011/11/16/tepper-snags-mf-global-shares/
MFGLQ
Hedge-fund manager David Tepper has a history of profiting from the financial distress of others. It’s made him one of Wall Street’s wealthiest investors.

Maybe that’s why Tepper and his Appaloosa Management LP hedge fund scooped up an 8.64% stake in MF Global Holdings Ltd. stock just days after the securities firm collapsed into Chapter 11, according to a filing with SEC.
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