Posted by smeddum on September 26, 2008
Funds reveal short bets on Irish banks
DAVID LABANYI Irish Times
SEVEN INTERNATIONAL hedge funds that have bet hundreds of millions of euro on a fall in the share price of Irish bank stocks have revealed their positions. Read the rest of this entry »
Posted in Financial crisis | Tagged: failing banks, Ireland, short-selling | Leave a Comment »
Posted by smeddum on September 25, 2008
London Turns Against Hedge Funds in Hunt for Culprit (Update1)
By Caroline Binham and Elisa Martinuzzi
Sept. 25 (Bloomberg) — London is turning against the $450 billion hedge-fund industry that helped make the city a contender for the title of world financial capital. Read the rest of this entry »
Posted in Financial crisis | Tagged: financial collapse, hedge funds, short-selling | Leave a Comment »
Posted by smeddum on September 24, 2008
Ban on shorting financial stocks sends betting soaring
By Sean Farrell, Financial Editor Independent
Thursday, 25 September 2008
Fixed-odds betting on financial markets has surged in recent days as traders find ways to get around the ban on short-selling financial stocks. Read the rest of this entry »
Posted in Uncategorized | Tagged: short-selling | Leave a Comment »
Posted by smeddum on September 24, 2008
Short-seller with a £1bn bet that British banks will fall
Tom Teodorczuk in New York Evening Standard
24.09.08
A hedge fund named as a major short seller in a string of British banks was defiant today, saying: “These companies are not strong.”
Paulson & Co, run by US billionaire John Paulson, was identified by the Financial Services Authority as gambling that four British banks would see their share prices plunge.
Its identity was revealed after a temporary ban on short selling in 32 financial firms, the practice in which investors borrow shares, sell them and gamble that they will be able to buy them back for a lower price at a profit. Read the rest of this entry »
Posted in Financial crisis | Tagged: failing banks, short-selling | Leave a Comment »
Posted by smeddum on July 22, 2008
* Julia Kollewe
* guardian.co.uk,
* Monday July 21, 2008
Investors across the world are betting more than one trillion dollars on a collapse in stock prices.
More than $1.4tn of equities worldwide are now on loan, about a third more than at the start of 2007, according to Bloomberg. Almost all of that is being used to speculate that shares will fall. Read the rest of this entry »
Posted in Financial crisis | Tagged: short-selling | Leave a Comment »
In These New Times 