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Nov 13 2007 2:30PM EST

Blackstone vs Goldman, Subprime Edition

November 12:

Blackstone President and Chief Operating Officer Hamilton James said on Monday Blackstone is starting to "go long" the subprime market, after a successful bet against the sector that played out over the last 18 months.

November 13:

Goldman Sachs maintains a short position in the subprime mortgage market, Chief Executive Lloyd Blankfein said Tuesday.

Let the games begin!

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