Topic: Michael Huffington

Reuters US Online Report Politics News | 2009-07-14 04:45:13

(Reuters) - Former Republican Congressman Michael Huffington has filed a lawsuit against Carlyle Group alleging the private-equity firm misrepresented the safety of Carlyle Capital Corp, the publicly traded mortgage-securities fund that collapsed last spring, the Wall Street Journal reported. Huffington lost his entire $20 million investment in the fund, the paper said. The lawsuit, filed Monday in Massachusetts state court, claims ...

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