Unfounded Rumor Of The Afternoon: Something Up At Harbinger?
From the mailbag:
"Harbinger is liquidating their portfolio right now. Everything at fire sale...my desk is at it. They did their more liquid stuff yesterday, moving down the food chain."
Update: Another source tells us "it's only their special situations fund, which is large though not the whole firm."
Update II: According to a spokesman for Harbinger, "That is completely untrue, total bull shit-- we're buying stuff today."