Business & Tech

Guardian.com: $2.5 Billion Payday for Local Hedge Fund Manager?

David Tepper placed big bets on U.S. banks recovering quickly from their financial troubles.

Short Hills hedge fund manager David Tepper could see a $2.5 billion (yes, that's a "b") payday as a result of a risky bet that U.S. and British banks would recover quickly from their financial difficulties.

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