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The 24-Year-Old Who Lost Billions

8 September 2026 at 01:00
This article was featured in the One Story to Read Today newsletter. Sign up for it here. Updated at 4:32 p.m. ET on September 8, 2026. In the fall of 2007, as the American housing market began to buckle, a Morgan Stanley bond trader named Howie Hubler lost $9 billion.

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