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Monday, January 19, 2009
RBS Stock Down Over 60% in Europe Trading
Probably not that surprising after posting the "biggest ever loss reported by a U.K. company" of $41 billion. Biggest shareholder, the United Kingdom Government with 22.8 billion shares, can not be happy with an $8 billion + loss in 6 hours of trading. Paulson, with 142 million shares short, is very happy.
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1 comments:
why is paulson only disclosed shorter? i imagine there are many more who have bet the house against this pig
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