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Off Topic => Off Topic - Ideas, humor, inspiration => Topic started by: Sassy on January 24, 2009, 06:37:09 PM

Title: Investors hit the jackpot on 9/11 & London's 7/7
Post by: Sassy on January 24, 2009, 06:37:09 PM
"The best trading day in the history of Société Générale was September 11, 2001," he said. "At least, that's what one of my managers told me. It seems that profits were colossal that day.

"I had a similar experience during the London attacks in July 2005."

A few days earlier he had bet on a fall in the share price of Allianz, the German insurance giant, he told Le Parisien. Everyone was losing money when the 7/7 bombings sent the insurance sector into a downward spiral "except for me", he said. "Thanks to the positions I had, I earned €500,000 in a few minutes. It was the jackpot. I was jubilant."

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5568518.ece ???
Title: Re: Investors hit the jackpot on 9/11 & London's 7/7
Post by: harry51 on January 25, 2009, 12:47:17 PM
To the nimble go the spoils..........