there is a free market out there
banks are having a hard time, loosing loads of money and thus their share price should drop it's a no brainer
there are people out there who can take advantage of this and sell short
don't have a go at the hedge fund managers they are identifying weakness's within companies and making money from it, just like hedge fund managers spotting a good company and buyng shares in it, it works both ways
the only reason these share prices are dropping is cos the world fucked right now ..... now thats because you and me took out huge loans to buy BMW's and houses we couldn't afford
blame the people who took up the credit as well as the pople who gave it out
there is a free market out there
banks are having a hard time, loosing loads of money and thus their share price should drop it's a no brainer
there are people out there who can take advantage of this and sell short
don't have a go at the hedge fund managers they are identifying weakness's within companies and making money from it, just like hedge fund managers spotting a good company and buyng shares in it, it works both ways
the only reason these share prices are dropping is cos the world fucked right now ..... now thats because you and me took out huge loans to buy BMW's and houses we couldn't afford
blame the people who took up the credit as well as the pople who gave it out