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SMF Blogs > SMF Market Summary > October 2008 > GS Goldman Sachs: Faber on CNBC discusses short squeeze in Volkswagen shares; says many hedge funds

GS Goldman Sachs: Faber on CNBC discusses short squeeze in Volkswagen shares; says many hedge funds were short the common stock (85.77 -7.03) -Update-

Says there are a lot of rumors out there about people suffering from this trade; says one of the reasons GS is down is because people were speculating that GS was also in on this trade, says he's not sure if there is any truth to this.

Posted: 10/28/2008 12:04:24 PM by StockMarketFunding | with 0 comments


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