Thursday, December 5, 2013

Wall Street is betting against HealthCare.gov

 Wall Street is betting against HealthCare.gov

One Obama campaign fundraiser is leading the Wall Street bet against the president’s lead HealthCare.gov contractor in light of the website’s disastrous debut.

James Chanos infamously made his fortune short-selling Enron stock at its peak — right before the energy firm’s value crashed amid scandal in 2004, taking the company with it.

Chanos — who convinced his considerable network of Wall Street associates to donate at least $200,000 to Obama’s campaign — just made a new bet against CGI Group, the parent company of CGI Federal, which was commissioned to build HealthCare.gov.

More @ Daily Caller

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