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Volkswagen bet runs down SAC Legendary trading honcho Steve Cohen's fund is among those laid low by a short bet gone wrong. By Roddy Boyd, writer NEW YORK (Fortune) -- As the lights fade across the hedge fund universe, SAC Capital Advisors had been one of the few funds unbowed by the rout...

I wonder how it feels to be on the other side of this bogus rumor fence. Do you thnk it will teach these crooks a lesson? Not!!!!

My Bad...this was posted on a different thread regarding this issue

who said einhorn was not hurt by VW because he was hedged long Porsche.... "Mr. Einhorn said the company's portfolio was hurt by a bet that carmaker Volkswagen AG's shares would sink while they rose dramatically. People who are familiar with Mr. Einhorn's hedge fund portfolio and the...

A little off topic but, I was talking to a lawyer the other day and apparently ETRADE is in dire financial straits. We heard awhile ago about a possible bankruptcy but this is more recent news.

and to think, in any other business it is a week a year for severance.

daal, you have been drinking that kool-aid for far too long. GS, Merrill, MS are restructuring their bonus stem to account for the losses these businesses incurred. They have set up system of heads I win tails you lose. notng associated with this federal bailout should be factored into the...

NO BONUSE$ FOR YOU WHY PAULSON MUST STOP WALL ST., BANK EXCESS Comments: 2Read Comments Leave a Comment By NELL MINOW Click image to enlarge.Posted: 3:21 am November 2, 2008 Secretary Henry Paulson came up with a $700 billion emergency plan to pour government money into the Wall Street...

trendy.... nutmeg = nutjob. For some reason nutmeg always seems to rationalize fraud and corruption.

When a short blows up at a rate of 385% rise in a few trade days you could lose far more than any long position would gain in a hedge. A bad short is unlimited in the losses incurred.

mak...where you seeing that he is long Porsche? not in any filings i saw.

Yea, and efficient price discovery is taking place right now. That is why stocks are fluctuating 10,15, 20% daily between highs and lows. How do you figure that is efficient?

So...When the rumor circulated that SAC and Citadel were pulling their money out of Lehman that was not similar to a redemtion? It certainly impacted the market in Lehman as the news instantly altered the trading. As for hedge fund redemtions, yes there are rules but fund managers seem to be...

From: Gasparino, Charles Sent: Thursday, October 30, 2008 7:26 PM To: Subject: Re: Charlie on drugs? This is the last time I'm asking u to stop emailing me Someone else will do it if ur harassment continues I informed charlie that there is this thing called Junk e-Mail if...

Boy are you naive. No taxpayer could take out a loan without a source for that loan. I never hear of a taxpayer holding a gun to these banks. You are clearly showing your Wall Street Youth by your comments.

"Hedge funds are trying to act as the ultimate fiduciary to their investors and the way they are doing that is by restricting the capital that can leave," said Perrie Weiner, a partner and international co-chair of law firm DLA Piper's securities litigation practice. Managers argue that, if...

Closing the Gates of Hedge Hell Hedge funds are fed up with clients redeeming their money: Dozens of hedge funds have told investors they cannot get their money back right now as managers try to limit a wave of redemptions to safeguard all their clients' investments -- as well as their...

I am not hearing that they are getting paid. I hear It was, take the rest of the year off and maybe I will call you back next year.

send him an e-mail and ask him if he was on drugs. It will be a hoot how he responds to you. CNBC e-Mail works with first.last@nbc.com

VW HIT$ EINHORN TWICE By KAJA WHITEHOUSE October 31, 2008 -- As the world financial community surveys the damage from this week's Volkswagen short-selling debacle, it appears Greenlight Capital's David Einhorn may have gotten a double whammy. In addition to his hedge fund, Einhorn...