Which hedgefund do you think blew up on the GM debt trade?

Discussion in 'Trading' started by mahram, May 10, 2005.

  1. who do you think blew up today because of that piggy back trade. I think citadel probably had some exposure.
  2. it's possible they did that trade, they have a lot of phd's on board.
  3. Whoever it is bought all of those Jan 07 10 puts to hedge themselves vs the bonds.
  4. 12:52 Hedge fund GLG Partners denies rumors of losses in credit derivatives - Reuters
  5. I actually hope some of these hedge funds DO blow up. It would probably bring back some much needed volatility and maybe get rid of this BS "buy every down-tick, sell every up-tick" environment.
  6. well what would you do. If you admit to being in trouble, everybody will be over your positions. Its a lose lose situation, you cant admit, and you cant defend yourself.