Hope $oro$ is losing his Gass!
Pray for W and Our Troops
That's why I am openly taking an educated guess to wonder if the SEC and FTC are quietly investigating hedge funds to see if a few Democratic-leaning hedge fund managers may have tried to deliberate manipulate the crude oil futures market to help Democrats. If that is the case the Democratic National Committee will have a LOT of explaining to do....
Hopefully George $oreA$$ is losing his financial A$$.
Of course he seems to slither away from these losses and leaves the left wing run pension funds like CalPers holding the bag.
Many of the big state employee pension funds are not our friends. They are run by entrenched liberals, who hate GW and love left wing investments. Friends of Bill and Gray Davis have gotten a lot of money thrown at their financial schemes since 1993 by Calpers. Does the name Ron Burkle ring any bells?
Several of the hedge funds (from a story this weekend) have lost every penny they made in this year's crude oil runup. As an old 2 oil trader pal of mine once said, "Pigs get fat. Hogs get slaughtered."