Those high-rises that moved into Manhattan Beach

Mark Kohut markekohut at yahoo.com
Mon Nov 16 08:24:29 CST 2009


I have speed-read a book on the economic collapse of Iceland during the recent Crisis. Sad, interesting, outrage-producing story about a fascinating-enough country I knew little about.

And one of the outrageous bits is this: There is evidently a company in Manhattan Beach now, maybe named Global Advisers--I have already returned the book so can't check--which is interlocked (in that great GR word) with around 50 hedge funds. 

They analyze the financial shit and write a shinola newsletter and, as the economic downturn started, they issued a 'Short the Krona [Iceland's' currency] newsletter which their hedge fund assassins did, causing a run which many of them--right out of GR--swaggered around bragging about. "We brought Iceland down". 

Or What the toilet says, as GR (and AtD) is always saying.



      



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