Tag: Lehman
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Lehman Slumps, Market Follows
According to marketwatch, LEH seems unable to raise capital and that’s what is taking it down. At OPNewsletter I was selling this rally. Here is what I wrote to OPN members yesterday- Markets are going to the sky, moon or whichever planet you can think of. I shall share with you my version…before that…I may…
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Ospraie to shut flagship commodity hedge fund
Ospraie, It took 8 years to reach where it was, one of the largest commodities fund. It took nearly (or less than) 8weeks for it to close! According to a news published on Reuters, Ospraie Management LP is shutting its flagship commodity hedge fund after losing 27% in August and almost 40% this year, according…