Hafnium

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Thursday, November 10, 2011

July 2011 Former ASARCO principle-creditor/ Hedge Fund's operating chief resigns....

"Harbinger Capital's operating chief resigns 
The Wall Street Journal 06 Jul 2011

Hedge-fund firm Harbinger Capital Partners, founded by Philip Falcone, said Tuesday that Peter Jenson has resigned as chief operating officer and director....Jenson, who left Citadel Investment for Harbinger in 2009, was responsible for all operational activities of the funds....Meanwhile, Harbinger Group, a publicly traded company majority-owned by Harbinger Capital, has appointed Omar Asali as acting president, succeeding Falcone, who will continue to serve as chairman and chief executive....Asali, who is a managing director and head of global strategy for Harbinger Capital, was previously co-head of Goldman Sachs's hedge-fund strategies. "

http://www.efinancialnews.com/story/2011-07-06/harbinger-capital-operating-chief-resigns

Harbinger Capital Partners manager left

"After more than eight years working beside Philip A. Falcone, the embattled hedge manager of Harbinger Capital Partners, Lawrence Clark, a top investment manager at the firm, confirmed on Monday that he had left to start his own fund.   Mr. Clark, 39, plans to start an event-driven hedge fund focused on metals, mining, food and agriculture, areas that he covered as a senior analyst when he reported directly to Mr. Falcone.....It’s about ....striking out on my own,” Mr. Clark said, noting that he remained on the board of Mr. Falcone’s public company, the Harbinger Group."
http://dealbook.nytimes.com/2011/01/10/top-harbinger-official-leaves-to-start-own-firm/

[see "Harbinger" within epgtlo's internal search engine for more information]