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  3. Hmmm.... so hedge finds who had bought up Venezuelan debt (bonds) immediately made a handsome (paper) profit when the bonds surged in price by 24% on the prospect that a US-run Venezuela might start to pay back its sovereign debt.

Hmmm.... so hedge finds who had bought up Venezuelan debt (bonds) immediately made a handsome (paper) profit when the bonds surged in price by 24% on the prospect that a US-run Venezuela might start to pay back its sovereign debt.

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venezuelahedgefunds
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  • Emeritus Prof Christopher MayC This user is from outside of this forum
    Emeritus Prof Christopher MayC This user is from outside of this forum
    Emeritus Prof Christopher May
    wrote last edited by
    #1

    Hmmm.... so hedge finds who had bought up Venezuelan debt (bonds) immediately made a handsome (paper) profit when the bonds surged in price by 24% on the prospect that a US-run Venezuela might start to pay back its sovereign debt.

    You might ask: how influential were those hedge funds (who have building positions in Venezuelan debt for some years) in encouraging the Tangerine Tyrant to take action now?

    Or it could all just be a happy coincidence ...

    #Venezuela #HedgeFunds
    h/t FT

    Doug 🌈🇨🇦 :verified:O 1 Reply Last reply
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    • Emeritus Prof Christopher MayC Emeritus Prof Christopher May

      Hmmm.... so hedge finds who had bought up Venezuelan debt (bonds) immediately made a handsome (paper) profit when the bonds surged in price by 24% on the prospect that a US-run Venezuela might start to pay back its sovereign debt.

      You might ask: how influential were those hedge funds (who have building positions in Venezuelan debt for some years) in encouraging the Tangerine Tyrant to take action now?

      Or it could all just be a happy coincidence ...

      #Venezuela #HedgeFunds
      h/t FT

      Doug 🌈🇨🇦 :verified:O This user is from outside of this forum
      Doug 🌈🇨🇦 :verified:O This user is from outside of this forum
      Doug 🌈🇨🇦 :verified:
      wrote last edited by
      #2

      @ChrisMayLA6 Trump and the oil companies will steal all that money.

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