FERC Lets Harbinger Up Investment In Energy Cos.

By Brendan Pierson (November 7, 2008, 12:00 AM EST) -- The U.S. Federal Energy Regulatory Commission has decided to allow hedge fund Harbinger Capital Partners to increase its stake in several power companies, saying that although Harbinger already owns stock in power giant Calpine Corp. there would be no ill effects for competition....

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