Markets Magazine
Lone Star Raises $5 Billion to Profit From German Woe
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Name a part of the world, and John Grayken has an opinion on making money there. Taiwan? It's safe because mortal enemy China wants to be an upstanding member of the family of nations. Japan? The recovery will be modest at best. Germany? No one knows how bad the economy really is.
Grayken, 48, isn't a professional economist. He's more practical than academic. The London-dwelling founder of Dallas-based Lone Star Funds once fell asleep after asking a friend to explain currency exchange rates.