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> Yes, if they allowed it to happen it would have bought some institutions down. Aren't the hedges involved insured to the tune of Trillions (USD)?
by lilSebastian 6y ago
> Yes, if they allowed it to happen it would have bought some institutions down.
Aren't the hedges involved insured to the tune of Trillions (USD)?
- LatteLazy 6y agoI might be wrong but... I don't think hedge funds are insured against losses like that. They're generally pretty secret about theur strategy and insuring against losses would mean disclosing them and getting the insurers permission to change them, as well as a hefty premium...