Wednesday, October 29, 2008

Is it Schadenfriday yet?

"...traders may have been indirectly and inadvertently borrowing shares from Porsche, selling them to Porsche, buying them back from Porsche and then returning them to Porsche."

Quote of the day:

"None of this is currently outlawed by German authorities, but many commentators have described it as bringing German capital markets into disrepute."

Capital markets still have repute? Really?

1 comment:

Jens-Olaf said...

VW 140% up, 40% down, they investigate it. Outcome unknown.


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