Author Topic: Hedge Fund Managers Making $2 Billion Salaries from Oil Price Hedges! [CNN]  (Read 743 times)

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Offline Crazy Horse

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ahem................Isn't a certain Senators daughter and the daughter of a former impeached president in Hedge funds??

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3189437

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wordpix (1000+ posts)       Mon Apr-21-08 08:02 PM
Original message
Hedge Fund Managers Making $2 Billion Salaries from Oil Price Hedges! [CNN]
 Did I hear this right??? OMG!


Right there is the biggest problem with the way oil is traded

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Tandalayo_Scheisskopf  (1000+ posts)       Mon Apr-21-08 08:03 PM
Response to Original message
1. I wonder what...
 A hedge fund manager's head would look like, tarred and placed on the end of a pike pole on Wall Street? Do you think people would grok the hint?

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bbinacan (1000+ posts)      Mon Apr-21-08 08:05 PM
Response to Reply #1
2. Would you include Soros? n/t

 :fuelfire:

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Clear Blue Sky (499 posts)      Mon Apr-21-08 08:15 PM
Response to Reply #2
7. Soros made big $$ shorting the US dollar against the Euro...n/t


yeah that's a good thing for your hero to do..............Oh wait, you hate the USA also

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bbinacan (1000+ posts)      Mon Apr-21-08 08:29 PM
Response to Reply #7
9. I don't know but
 it wouldn't surprise me. Currencies seem to be his thing. After all, he broke the Bank of England.


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scarletwoman  (1000+ posts)      Mon Apr-21-08 08:12 PM
Response to Reply #1
5. I think it's only courteous to offer unmistakeable warnings. I wouldn't want to be deemed impolite.
 I like the "tarred" bit. I asssume it would keep down the odor of the rotting flesh. Very civic minded suggestion!

how many of these primitives are Hitlery supporters??

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whistle  (1000+ posts)       Mon Apr-21-08 08:08 PM
Response to Original message
4. Just wait and see the profits from rice, corn and other food commodities
 ...easy windfall profits money when the deck is stacked in your favor


What is driving up that demand..............................oh yeah Alternative fuels

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wordpix (1000+ posts)       Mon Apr-21-08 08:29 PM
Response to Reply #8
10. CNN said that about 20% of the oil price is due to speculation


Actually I would think that about 20% isn't due to speculation :bird:
You got off your ass, now get your wife off her back.

Offline jukin

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I'm anticipating that when the oil futures unwind the federal government will come in and save these people that were the last in and are holding the bag.
When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline Chris_

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Doesn't the Breck Girl work for a hedge fund?
If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.