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The Big Short Investors Who Lost $9.4 Billion

Hubert Grimaldi, a trader at Morgan Stanley, made a $8-9 billion mistake in 2007 by betting against subprime mortgages while simultaneously selling credit default swaps on triple A rated mortgage bonds. This led to an $15 billion incorrect bet on triple A mortgages, resulting in a total loss of $8-9 billion for Morgan Stanley.Additionally, I am promoting ticker, a platform that provides research and investing tools, including a stock screener, portfolio tracking, and financial data analysis. With a free plan available and discounts for annual plans, ticker offers an incredible deal for those looking to elevate their investing game. To get started, use my code Hamish15 when signing up for any of ticker's plans to receive an additional 15% off the first payment cycle.
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