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Cyrus Capital Throws Sears CDS Into Disarray
Och-Ziff and Omega are losers in a battle over the retailer’s debt.
Hedge funds are fuming about what they believe are Stephen Freidheim’s Cyrus Capital Partners’ efforts to stop them from profiting on their bet that Sears would fail — a bet made through credit default swaps on Sears debt.The $4 billion-plus Cyrus Capital is enmeshed in the Sears drama in a
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