Remove Concentration Remove Credit Risk Remove Healthcare Remove Tax Planning
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Transcript: Ted Seides

Barry Ritholtz

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. It’s part of their own tax planning. SEIDES: So it’s Hartford HealthCare. SEIDES: No, you’re right about the securities. What happened there?