Brexit bonanza

[meridian]

For the pollsters and a few hedge funds. The drip drip drip of revelations re the Leave campaign and it’s financial backers just keeps coming.

https://www.bloomberg.com/news/featu...beat-the-crash

Behind the scenes, a small group of people had a secret—and billions of dollars were at stake. Hedge funds aiming to win big from trades that day had hired YouGov and at least five other polling companies, including Farage's favorite pollster. Their services, on the day and in the days leading up to the vote, varied, but pollsters sold hedge funds critical, advance information, including data that would have been illegal for them to give the public. Some hedge funds gained confidence, through private exit polls, that most Britons had voted to leave the EU, or that the vote was far closer than the public believed—knowledge pollsters provided while voting was still underway and hours ahead of official tallies. These hedge funds were in the perfect position to earn fortunes by short selling the British pound. Others learned the likely outcome of public, potentially market-moving polls before they were published, offering surefire trades.

And why does it seem that every time it’s Farage that’s up to his neck in it?

[darmstadt]

To put it into a picture for the hard of understanding:

[Eirikur]

Hedgefund manager JRM is making millions out of Brexit

https://ftalphaville.ft.com/2018/02/...-after-brexit/

[Old Greg]

Hedgefund manager JRM is making millions out of Brexit

https://ftalphaville.ft.com/2018/02/...-after-brexit/

And he gets to be uplifted by food banks.

[shaunbhoy]

Well as you all seem hysterical enough to grasp any old conspiracy theory..................

[Eirikur]

Well as you all seem hysterical enough to grasp any old conspiracy theory..................

Melissa naked on her hols is NOT a conspiracy theory

[meridian]

Brexit bonanza

Well as you all seem hysterical enough to grasp any old conspiracy theory..................

Of course it’s a conspiracy theory. From that well known rag and promoter of fiction, “Bloomberg”.

You may not be aware of it, but outside your reading world of The Sport, the Mail, and the Beano there are news outlets that aren’t focusing on stories of immigrants and tits for their core demographic.