Originally posted by gassed:
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Pensioners and pensioners to be, who invested millions into ETs and Index Funds, apart from genuine investors who did have a choice were the major victims. This is not just about a company, it goes to the very root of the investment industry throughout the world, and what's happened to Lake is just one victim of hundreds of billions of dollars lost to the economies of the world. Shorting is what your documentary should be about, people, supposedly using shorting as a genuine hedge against their prime investment. That's absolute bullshit, shorting has become a primary investment in it's own right. The ASX conducts two Stock Exchanges.
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How is Lake a victim?Shorter may have 'some' impact, but, look at the conduct of the BOD before you look anywhere else.
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