Craig-Scheckman's Deer Park Hedge Fund Craters on Hedges
(Bloomberg) -- Deer Park Road Management Co.’s flagship hedge fund posted the biggest loss since its 2008 debut after wrong-way bets on a recession and mortgage bonds dented an otherwise stellar record of returns.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageTrump Hit With $83.3 Million Payout for Defaming CarrollOne of World’s Richest Doctors Sees Fortune Surge to $12 BillionFed’s Preferred Inflation Gauge Cools on Robust SpendingUN Court Tells Israel to Pr