Wheels coming off at Porsche? Friday, November 28, 2008

Fortunately, it has made considerable sums from share dealing practices in VW shares that would be considered market abuse in the UK, but which apparently are perfectly acceptable in Germany. The results of this were to impose considerable losses on hedge funds, albeit it is unclear how many were forced to close as a consequence.
Is it surprising that hedge fund managers can no longer afford to buy Porsche cars as a consequence?
Labels: markets, Porsche, Stock market, Volkswagen
posted by John Wilson @ 10:39 AM Permanent Link
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