Skip to main content

A Biblical plague of locusts is now afflicting a world already reeling under the somewhat-less-than-Biblical plague of a novel coronavirus. As it is already quite occupied with the latter, what with the quarantined chancellor and ban on threesomes of any kind and €750 billion in stimulus from a country that does not care for such measures, Germany is making clear it’s not interested in tackling the other, literally or metaphorically.

Altmaier said the government wanted to get aid to companies as quickly as possible and that Berlin was ready to protect firms from insolvency as well as unwanted takeovers during the crisis with a newly created Economy Stabilisation Fund.

"Make no mistake, we're determined to protect our companies and jobs," Altmaier said, adding that this message was directed at hedge funds.

Asked if Germany was planning a ban on short-selling of company shares like other European countries, Scholz said he would not speculate about such a step publicly in advance.

That’s right: Where Donald Trump takes a page out of an old German book and uses a crisis to whip up fears about an ethnic minority, the Germans take a page out of a more recent German book and use it to whip up fears about hedge funds.

Germany Launches 750 Billion Euro Package to Fight Coronavirus [NYT]



Global Pandemic Compels Accused Fraudster To Decline Invitation To Trial In Country He Can’t Be Extradited To

Your Honor, Florian Homm has a doctor’s note and Article 16 of the German constitution.


If You Survive This, You Might Be An Accredited Investor On The Other Side

There may not be any hedge funds left to invest in, but that’s not Jay Clayton’s problem.

Bill ackman beach

Bill Ackman Killed The Stock Market

Apparently, all it took to send an emotional market over the edge was a teary hedge fund manager.

Kyle Bass Crusader

Kyle Bass Thinks There’s A Place The Coronavirus Could Do Some Real Good

The hedge fund manager’s distaste for the Chinese Communist Party is deep and strong.


Pharma Accused Of Taking Break From COVID Vaccine Work To Give Former Hedge Fund Owner An Opportunity To Do A Little Insider Trading

That pause in selling Vaxart shares and increase in ownership ceiling sure was fortuitously timed for Armistice Capital, no?


Europeans Retain Laser-Focus On Real Coronavirus Threat: Hedge Funds

New leverage restrictions should come online just in time for us to have forgotten about this whole pandemic thing.