Corriente Capital

Yesterday Bloomberg ran a story on Corriente Capital's bet against the credit worthiness of European sovereigns. The WSJ provided additional coverage on Mark Hart, who is the founder of Corriente - a Fort Worth group named after a breed of cattle.

The story in the journal was written by Gregory Zuckerman, the WSJ reporter who wrote the in-depth account of John Paulson's bet against mortgage securities, "The Greatest Trade Ever". I'm guessing the Bloomberg reporter was called up by a marketer of Corriente's funds with the idea for a topical story. The Bloomberg guy reported on the facts, and then the guys over at the WSJ did additional leg work on the personal info on Mark Hart. Because investors not only want to see a good track record of successful investments before investing in a fund, they want a story to go along with it.