Andrew Redleaf in the NY Times and CNBC
Read Andrew Redleaf’s Profile in The New York Times:
“’Sometime in the next 12 to 18 months, there is going to be a panic in credit markets,’ Andy Redleaf, a 50-year-old hedge fund manager, wrote to investors in December [2006]. ‘The driver in the credit market panic of 2007 or 2008 will be a sudden…loss of faith in the alchemy of [mortgage] finance as it is currently practiced’….Whitebox Advisors, Mr. Redleaf’s family of hedge funds, was not the only one to bet against subprime. But it did so with searing and amusing insight, a trademark of the founder and the firm.” – from “A Hedge Fund That Saw What Was Coming” in the New York Times
Tags: Andrew Redleaf, CNBC, Hedge Funds, NYTimes, Whitebox
