Hedge funds are considering possible legal action against Porsche, the German carmaker, over its involvement in an extreme share price spike in Volkswagen that led to billions of dollars of losses for the funds. Lawyers for funds said they were handling numerous cases, although many are at early stages and may not be filed. AIMA, the hedge-fund trade body, last week began consulting members to assess the level of interest in exploring legal options over VW losses. http://ftalphaville.ft.com/blog/2009/03/16/53607/hedge-funds-may-sue-porsche/ LOL ! Ha, ha, ha, ha ! Too bad !