Phil Falcone is leaving Harbinger to spend more time with his other Harbinger.
Phil Falcone used to run a hedge fund called Harbinger Capital, and he was arguably too good at it, borrowing from the fund while locking up investors and doing some lovely creative short squeezes. After flying too close to the sun for a bit, his punishment was that he’s not allowed to run a hedge fund any more. But he’s allowed […]