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Passport's Burbank Is the Latest Subprime Superstar to Falter

John Burbank III is one of three hedge fund managers who made Alpha’s Rich List for their 2007 success but have since stumbled.

       John Burbank, Passport Capital (David Paul Morris/Bloomberg) Another hedge fund manager who earned his fortune and reputation from the global financial crisis has suffered a major setback. John Burbank III’s announcement that he is shutting down his firm Passport Capital’s $636 million long-short equity fund is the latest example of a growing

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