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News comments:Whether its gorgeous george in accounts, oil in the works at BP or Bebo selling out to some money launderers, hedge funds are in a betting mood.
The Euro is a short, Europeans are too short and BP is short of credit ratings but worst of all Foxconn iPad makers are short of goodwill and the meaning of life.
Today's shorts:
Useless UK Ready To Throw The Towel In (telegraph)
Cable Cobbles Corporate Cupcakes (telegraph)
Traders Read Hedge Funds For Dummies (ftalphaville)
Today's longs:
Clueless JP Morgan Compensates for Comingling Client Cash (cityam)
CRAs Claim Bosses were Gorgeous Bullies (independent)
Gorgeous Woman Revealed As Man (dealbreaker)
Gossip:
GLG and Man struggling to get on.
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3 comments:
Can you expand on the gossip please? Why'd you say that?
Rumour of massive derivatives loss over @ soc gen, you would think they would have learnt better risk mgmt after the whole Kerviel fiasco
That doesnt have anything to do with Man / GLG though.
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