Massive Fiat Collapse "Trillions Lost" January 2015

[Bitcoinpro]

Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

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1715323044

[Gleb Gamow]

Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

[Bitcoinpro]

Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

who lost the bet ? is that some kind of joke

the Euros have to be burned that's how fiat works

you print to much their is only one way to get rid of it

[BitmoreCoin]

Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

I don't think he knows the future. Otherwise, he will bet everything against it, his and his client's money.

[tokeweed]

Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

who lost the bet ? is that some kind of joke

the Euros have to be burned that's how fiat works

you print to much their is only one way to get rid of it

wait, gleb has a point.  the hedge fund guy was 'hedging' and lost right?  trading is a zero sum game, when someone loses, someone else wins.

someone, somewhere made a lot of money from that loss.

[tokeweed]

Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund

http://www.bloomberg.com/news/2015-01-17/swiss-franc-trade-is-said-to-wipe-out-everest-s-main-fund.html

Marko Dimitrijevic, the hedge fund manager who survived at least five emerging market debt crises, is closing his largest hedge fund after losing virtually all its money this week when the Swiss National Bank unexpectedly let the franc trade freely against the euro, according to a person familiar with the firm.

Okay, I get it. He lost the bet. Question, who, on the other side, won the bet?

Moreover, is it possible he knew he would lose others money with such a bet, but positioned himself, somehow, on the other end?

I don't think he knows the future. Otherwise, he will bet everything against it, his and his client's money.

or it could all be one elaborate scheme to make a lot of money.  it's not the first time for these types of people.



fiat holder

[Guido]

hundreds of millions his fund lost not trillions

[tokeweed]

and there's no mention of trillions. where are the mods in this forum?  lol it's like a zoo in here.

edit:  guido, exactly! 

[Honeypot]

LOL

False title, false claim, fake thread.

WEAK.

[botany]

Sigh!
Somebody with insider knowledge of the Swiss Central Bank's move, would be very, very rich.