Jump to content
House Price Crash Forum
Sign in to follow this  
Eddie_George

The Crazy Global Bailed Out Financial Firm Recovery Trade

Recommended Posts

and of course, some people are making a mint out of it.

From the United States to Greece and Spain, fast money is being wagered on the recapitalization of bailed out financial firms that played a central role in the financial crisis of their respective countries. The frenzied speculation on these zombie-like institutions and their penny stocks is being driven by a range of investors, from big-money hedge funds to small individual investors, causing wild and gigantic swings in share prices that have produced both riches and pain. This is not the first time that financial players have tried to hit home runs off of financial firms that were almost killed by the financial crisis. A few brave and savvy investors made fortunes betting on the recovery of companies like AIG and Citigroup. But this most recent vintage trade, which has included investors betting both long and shot, seems equally daring and maybe even more speculative.

My link

Share this post


Link to post
Share on other sites

IIRC a lot of people (investment bankers) shorted the like of AIG at the start then reversed their position just after the government caved in and bailed them out.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.