Economy: Economic News, Policy & Analysis - The Washington Post: Falcone’s folly

Economy: Economic News, Policy & Analysis - The Washington Post
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Falcone's folly
May 20th 2012, 01:00

Philip Falcone's street fighter instincts and penchant for ultra-risky investments helped catapult him into the gilded club of Wall Street's elite.

But his winning streak ended in Washington, where the founder of Harbinger Capital Partners and former professional hockey player has been bodychecked by regulators.

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