what must ian huntley be thinking, page-25

BNB has been agressively shorted by Hedge funds as they are trying to get the debt covenants triggered. The more the SP falls the more money the hedge funds make.

It like the US Sub Prime situation where mortage brokers & banks were organising loans they knew couldn't be serviced but they didn't care as they got their commission & sold off the loans to unsuspecting investors. Its a case of these people making money and knowing a lot of pain & suffering will be caused .. but what the heck its legal. Capitalism at its worst.

The executives of the Hedge funds are probably toasting their success tonight at their latest kill and getting big fat bonus payments whilst the Mum & Dad investors are reeling from their losses. It should be a crime.