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Selling short

Selling short

Euromoney's coverage of past short selling regulations and questionable events is worth a look today

Special focus: Sub-prime and leveraged loans

Special focus: Sub-prime and leveraged loans

Follow the buildup to today's subprime and leveraged loan problems.

June 2008

Ripe bums emerge from sub-prime





Ablution done: Daniel Bouton

A loan intensely: Stanley O’Neal

A math gap pedlar: Adam Applegarth

Barren asset: Bear Stearns

He wins junk: Huw Jenkins

Market halving: Grant Kvalheim

Mere evil joker: Jerome Kerviel

Smear incomes: Osman Semerci

Zip itt or else: Eliot Spitzer

 
"There are no second acts in American lives," wrote F Scott Fitzgerald towards the end of his own monochrome career. He can’t have been talking about Wall Street: as anyone who has tracked the career of John Meriwether will know, third, fourth and fifth acts are perfectly possible. Perhaps more careers have taken a dramatic turn in the present crisis than was the case when the hedge fund LTCM failed; for those seeking an uplifting plot twist, a stage name might come in handy. Euromoney has noticed that merely shuffling the letters in the names of some victims of the credit crisis produces plausible pseudonyms, and respectfully presents the stars of tomorrow:

Enterprising readers might wish to suggest their own anagrams: Euromoney confesses to being stumped by Jonathan Chenevix-Trench, former COO of Morgan Stanley’s institutional securities business.


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If things go to hell, we don’t have an answer. I hope it won’t happen, but if it does... I don’t know

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