We can’t allow hedge funds to grow fat on virus crisis
In these troubled times there is one industry laughing all the way to the bank. It has all the tools and expertise to make a killing at the expense of many others, to absolutely no one else’s benefit.
I refer, of course, to hedge funds and their associates. This is equivalent to racketeering during a war. The only appropriate and fair response is to immediately tax shorting profits at 90%.
Ian Templeton, chief executive, Acorn Capital, Buxton
From the Desk of Rishi
When you can come up with a workable differentiation between a hedge and a short then come back to us. Until then please bugger off.
The Bloke In Charge.