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Ackman's MBIA obsession
In Confidence Game, Bloomberg reporter Christine Richard shows how the famed activist seemed crazy but made $1 billion.
By Amanda Cantrell Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff By Christine S. Richard John Wiley & Sons, Inc. $27.95 Bill Ackman's short position in the Municipal Bond Insurance Association may go down in history as one of the great Cassandra trades of the credit crisis. Like Cassandra—who, according to Greek
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