Diameter’s Winning Bet on First Brands Turns ‘Horribly Wrong’

Diameter’s Winning Bet on First Brands Turns ‘Horribly Wrong’



Diameter’s Winning Bet on First Brands Turns ‘Horribly Wrong’
After Scott Goodwin and Jonathan Lewinsohn nailed a short bet on First Brands Group, an auto-part supplier that rattled credit markets when it collapsed last year, the two doubled down with a reverse wager — hoping for a second payout.


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