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To: Kayaker who wrote (112856)10/30/2008 3:28:11 PM
From: kidl  Respond to of 206176
 
Them darned Germans, eh?



To: Kayaker who wrote (112856)10/31/2008 12:17:46 AM
From: Salt'n'Peppa3 Recommendations  Read Replies (1) | Respond to of 206176
 
Nice one Kayaker. I say, "good on the hedge funds".
As I've said before, to me hedge funds are just parasites, living in the wallets of honest investors like you and I.

Most hedge funds are not registered with the SEC and operate outside the rules of all other investment vehicles. This essentially gives them free reign to do as they wish (within reason). A monopoly, if you like.

Hedge funds create nothing and facilitate nothing. They cause turmoil and cause spikes both up and down in the markets with their (unregulated!) heavy betting and high risk strategies.
They collude with one another to move markets for personal gain.
At least, that's how I see them.

Hedge funds first found real popularity in the late 80's and sure enough some had a spectacular demise back then, due to their high risk strategies.
Same again in the 90's.
Same again in the early 2000's.
Same again on a much bigger scale today, because there are(were) more of them taking ever larger risk.
I mean, who should ever allow 80:1 leverage? Talk about a house of cards!

So Porsche beat them at their own game and now they are crying foul. Way to go Porsche! Now you can use some of that $10 billion to create a hybrid 996TT.

Quit yer whining Mr. Hedge and wipe that egg off your face.
S&P