Hedge Fund Redemptions

Discussion in 'Wall St. News' started by Kalparker, Oct 7, 2008.

  1. I'll explain exactly why most hedge funds are being sodomized.

    Most of their gains came from the Ponzi scheme they ran.


    Since many funds did the exact same thing, there was always fresh sucker money feeding whatever scam they were running

    I said clearly at the time that the commodity boom was a ripoff of the public by the commodity funds. I was right. Again.


    Now that the sucker $ is fleeing, the crap they were loaded up with is imploding as it had little or no intrinsic value as an investment.

    2 and 20 my ass. More like 10 to 20 in the penn.
     
    #11     Oct 15, 2008