Craig-Scheckman s Deer Park Hedge Fund Craters on Mortgage Bets bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Deer Park Road Management Co.’s flagship hedge fund posted the biggest loss since its 2008 debut after wrong-way bets on a recession and mortgage bonds dented an otherwise stellar record of returns.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageTrump Hit With $83.3 Million Payout for Defaming CarrollOne of World’s Richest Doctors Sees Fortune Surge to $12 BillionFed’s Preferred Inflation Gauge Cools on Robust SpendingUN Court Tells Israel to Pr