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Appaloosa’s Airline Bets Poised for Profitable Landing
David Tepper’s positions in US Airways, American Airlines to yield lofty gains.
Pete Gallo The best distressed investors are not merely opportunists, they also know how to engineer their own luck, often years in advance. Consider David Tepper’s Appaloosa Management. His Short Hills, New Jersey–based firm is poised for a lofty profit from a dual-airline bet that took flight when US Airways
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