Falcone's Fund Lockups Add Fuel To The Fire
Phil Falcone is struggling. Not in normal person terms as he's still a billionaire, but you can strike the 'multi' from the front of that this year. After suffering 47% losses in 2011, Falcone was…
Falcone’s Harbinger Capital Hedge Fund Down 47% In 2011
2011 was a brutal year for hedge funds, averaging a miserable -4% return for investors. Billionaire Phil Falcone was no exception as his huge bet on LightSquared dragged performance down to a…