6 who dodged the Bear Stearns bullet

There were lots of hedge funds hunting Bear during its last days, with 25% of the shares sold short on the Friday before the bank's collapse. The amount is so unusual that the SEC is looking into whether shortsellers, who bet on on a stock's decline, were spreading rumors to drive down Bear shares. Whatever the SEC may decide, those investors made a bundle. According to the Wall Street Journal, some of the biggest winners were Tremblant Capital, Harbinger Capital, T2 Partners, and Greenlight Capital.

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