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Hard Times for Harbinger Capital’s Philip Falcone

The once high-flying hedge fund manager may be in a deep financial bind, report suggests.

       Harbinger Capital's Philip FalconeIt looks as if Philip Falcone’s financial hole may be widening. Once one of the hedge fund industry’s most successful managers, the Harbinger Capital Partners founder and CIO who once made $1.7 billion for himself in 2007 by investing in subprime loans is apparently having trouble making

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