Briton Joe Lewis Could Lose $1B on Bear
The billionaire investor Joe Lewis is often referred to as "The Boxer", a nickname which is both a tribute to a no-nonsense approach to making money and a nod to the legendary heavyweight slugger of the same name. Yesterday, as the astonishing sell-off of the Wall Street bank Bear Stearns made headlines across the world, The Boxer appeared to be lying on the canvas, floored by a sucker-punch that could cost him close to a billion dollars.
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