Create an Account
username: password:
 
  MemeStreams Logo

Porsche breaks the hedge funds | Squeezy money | The Economist

search

dmv
dmv's Pics
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

dmv's topics
Arts
Business
Games
Health and Wellness
Home and Garden
Miscellaneous
Current Events
Recreation
Local Information
Science
Society
Sports
Technology

support us

Get MemeStreams Stuff!


 
Porsche breaks the hedge funds | Squeezy money | The Economist
Topic: Miscellaneous 5:13 pm EDT, Oct 31, 2008

GREAT cornering and eye-popping acceleration make Porsche’s cars popular among thrill-seeking bankers and hedge-fund managers. Now its clients are discovering that the carmaker itself has an unexpected talent for cornering markets. In a few tumultuous days it is thought to have made a cool €6 billion-12 billion ($7.5 billion-15 billion) on the share price of Volkswagen (VW)—a coup that has roiled the world’s financial markets.nullnullnull

Porsche breaks the hedge funds | Squeezy money | The Economist



 
 
Powered By Industrial Memetics
RSS2.0