Blackstone vs Goldman, Subprime Edition

Posted on November 13, 2007 by Felix

November

12:

Blackstone President and Chief Operating Officer Hamilton James said on Monday

Blackstone is starting to "go long" the subprime market, after a

successful bet against the sector that played out over the last 18 months.

November

13:

Goldman Sachs maintains a short position in the subprime mortgage market,

Chief Executive Lloyd Blankfein said Tuesday.

Let the games begin!

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