{"id":8836,"date":"2008-10-13T00:00:00","date_gmt":"2008-10-13T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"anglo-saxon-hedge-funds-shorting-on-madrid-falls","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/anglo-saxon-hedge-funds-shorting-on-madrid-falls.html","title":{"rendered":"Anglo-Saxon hedge funds shorting on Madrid falls"},"content":{"rendered":"<p> Telegraph.co.uk &#8211; EU data shows that Philip Falcone, the US hedge fund baron who led the assault    on HBOS, has sold short &euro;138m (&pound;108m) of Banco Popular&rsquo;s shares, or 1.65pc    of the total float, through his fund Harbinger Capital. <\/p>\n<p>  He has short bets of &euro;208m on Santander and &euro;185m on BBVA. Blue Ridge Capital    has targeted Bankinter and Popular. Calypso Capital Management, High Side    Capital, Landsdowne, and Belgium&rsquo;s Fortelus have all joined the hunt. <\/p>\n<p> The Madrid positions are a way for funds to continue shorting banks in    Britain, where Santander is now a key player after taking over Abbey    National, Alliance &amp; Leicester and Bradford &amp; Bingley.  <\/p>\n<p> Britain&rsquo;s Financial Services Authority has suspended short selling of bank    stocks, but Spain has not done so. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.telegraph.co.uk\/finance\/newsbysector\/banksandfinance\/3185644\/Anglo-Saxon-hedge-funds-shorting-on-Madrid-falls.html\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telegraph.co.uk &#8211; EU data shows that Philip Falcone, the US hedge fund baron who led the assault on HBOS, has sold short &euro;138m (&pound;108m) of Banco Popular&rsquo;s shares, or 1.65pc of the total float, through his fund Harbinger Capital. He [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[546,67,1935,858,3140,1072,753,107,170,81,3139,757],"class_list":["post-8836","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bias","tag-chief-executive","tag-credit-losses","tag-few-days","tag-john-griffin","tag-lead-investor","tag-market-abuse","tag-mistrust","tag-money-managers","tag-newcastle","tag-rbs","tag-september-11"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8836"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8836\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}