Why hedge funds shorted the big banks
Not only have hedge funds profited hugely by shortselling the big four but analysts warn there's much more capital raising to come.
Christopher Joye is a contributing editor to The Australian Financial Review. He is a leading economist, fund manager and policy adviser who has previously worked for Goldman Sachs and the RBA, and was a director of the Menzies Research Centre. He is currently a director of Smarter Money Investments.
Not only have hedge funds profited hugely by shortselling the big four but analysts warn there's much more capital raising to come.
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