Bloomberg – David Gerstenhaber, founder of $1.6 billion hedge fund Argonaut Capital Management, said Portugal may be the next casualty of Europe’s debt crisis.
“Portugal is structurally weak,” he said in a telephone interview from New York. “There’s a 90 percent chance that they will get some form of help” to keep concern over the country’s creditworthiness from spreading to Spain and Italy, he said.
