To: bruinbirdman
2 posted on
10/27/2008 9:27:30 PM PDT by
mylife
(The Roar Of The Masses Could Be Farts)
To: bruinbirdman
“This was supposed to be a very low-risk trade and it’s a nuclear bomb which has gone off in people’s faces,” said one hedge fund manager.I'm not one to attack hedge fund managers/short sellers or call for more regulation of short selling and derivatives, but it sounds like Porsche basically beat them at their own game. I hope they're good sports about it.
3 posted on
10/27/2008 9:34:33 PM PDT by
Arguendo
To: bruinbirdman
To: bruinbirdman
I have sooooo much sympathy for short-sellers (I really do, honest)
5 posted on
10/27/2008 9:37:02 PM PDT by
editor-surveyor
(Obama isn't just an empty suit, he's a Suit-Bomb trying to sneak into the White House.)
To: bruinbirdman
As of last Thursday, according to consultancy Data Explorers, 12.9 per cent of VW’s shares were on loan for investors to go short and bet on them falling – the highest percentage of any German company. I wonder if they truly had the permission of the owners of those shares to do short selling.
6 posted on
10/27/2008 9:40:23 PM PDT by
ikka
To: bruinbirdman
So the Europeans will see the fruits of hedge funds in their stock market quotes tomorrow morning. I wonder if all the EU national financial leaders will want to meet with Bush to come up with a global strategy for dealing with an issue they don’t know how to combat?
7 posted on
10/27/2008 9:42:34 PM PDT by
mlocher
(USA is a sovereign nation)
To: bruinbirdman
Kinda interesting, seeing as how Dr. F. Porsche designed the original VW Type I (which we called the Beetle) in the '30s.
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