Are Public Pensions Fueling Hedge Fund Short Selling?
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Note that the OIC agenda listed has a misprint in that they mistakenly printed 2008, rather than 2009, at the top of the agenda..
ParishInvestments 3 years ago
Short selling is profiting from the decilne, rather than an increase, in a stock's value. The notion that public pensions can "lend' their ownership rights to those needing to fulfill this ownership requirements to short sell is ridiculous. Oregon PERS alone lends billions of dollars of securities for this purpose, often incurring large losses on the very same securities it is lending to hedge and private equity funds for the purpose of short selling. Please pass the link around. Bill
ParishInvestments 3 years ago