Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

They didn't get it all in at exactly the wrong time, but it does appear they lost something like $10-15 bill on around $80-$90 bill or so of securities. That's a lot of money given the entire shareholders equity is around $16 bill.

They are public, you can see their filings at the SEC. I'd guess some hedge fund paying attention noticed this weeks ago and just made a killing.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: