This content is from: Premium

23 John Burbank III

23 John Burbank IIIPassport Capital $370 million John Burbank knew as early as 2005 that the subprime mortgage market was a bubble that would inevitably burst. Late that year he began to heavily short subprime mortgage pools and riskier, heavily leveraged collateralized debt obligations. The move paid off in a big way

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content