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Hedge Fund Managers Making $2 Billion Salaries from Oil Price Hedges! [CNN]

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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:02 PM
Original message
Hedge Fund Managers Making $2 Billion Salaries from Oil Price Hedges! [CNN]
Did I hear this right??? OMG! :puke:
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:03 PM
Response to Original message
1. I wonder what...
A hedge fund manager's head would look like, tarred and placed on the end of a pike pole on Wall Street? Do you think people would grok the hint?

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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:05 PM
Response to Reply #1
2. Would you include Soros? n/t
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Clear Blue Sky Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:15 PM
Response to Reply #2
7. Soros made big $$ shorting the US dollar against the Euro...n/t
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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:29 PM
Response to Reply #7
9. I don't know but
it wouldn't surprise me. Currencies seem to be his thing. After all, he broke the Bank of England.
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:12 PM
Response to Reply #1
5. I think it's only courteous to offer unmistakeable warnings. I wouldn't want to be deemed impolite.
I like the "tarred" bit. I asssume it would keep down the odor of the rotting flesh. Very civic minded suggestion!

:thumbsup:
sw
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:21 PM
Response to Reply #5
14. Sure does.
Keeps down the flies and maggots and also lasts longer up there. That allows the message more time to sink in to their puddin' heads.

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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:31 PM
Response to Reply #14
16. I really like all the value added features!
Sounds like a winning campaign to me!

I like how you think... :toast:

sw
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:50 PM
Response to Reply #16
17. I like to think of it as the Cajuns do:
"Lagniappe". ;-)
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:54 PM
Response to Reply #17
18. Beats lutefisk -- says this Minnesota Norwegian.
Edited on Mon Apr-21-08 08:55 PM by scarletwoman
:D
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 09:05 PM
Response to Reply #18
19. Lutefisk:
The Piece of Cod that passes all understanding, doncha know. ;-)
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scarletwoman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 09:14 PM
Response to Reply #19
20. !
:rofl:
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:06 PM
Response to Original message
3. One hedge fund manager made $3.7 billion in 2007
No, theres no corruption in the markets.

Nope, not at all........
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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:32 PM
Response to Reply #3
12. no, just a normal salary for a Wall St. guy to earn---no wonder 1 br. apts in Manhattan cost
Edited on Mon Apr-21-08 07:33 PM by wordpix
$1 million or more :crazy: $$$$$$ :crazy: $$$$$$
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:08 PM
Response to Original message
4. Just wait and see the profits from rice, corn and other food commodities
...easy windfall profits money when the deck is stacked in your favor
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:31 PM
Response to Reply #4
11. Making money the ole-fashioned way: they earned it
:D
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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:34 PM
Response to Reply #11
13. yah, they really broke their backs in those corn and wheat fields
:sarcasm:
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 08:24 PM
Response to Reply #13
15. Millions worldwide stand to go hungry because of rapidly rising grain prices prompted in no small
part by traders and speculators gaming the markets. :D
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Mind_your_head Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:13 PM
Response to Original message
6. $2 BILLION.....2 BILLION......
my....my......there's NUTHIN' more important than those dolla's, no sirree.....
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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:28 PM
Response to Original message
8. thanks because I couldn't believe the number. I thought I heard Billion, not million
and $2 million isn't much of a salary anymore. :sarcasm: :puke:
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wordpix Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-21-08 07:29 PM
Response to Reply #8
10. CNN said that about 20% of the oil price is due to speculation
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