How rentier #capitalism works for the rich, part 278;
#HedgeFunds made around $7bn profit in the last couple of months' #bankingcrisis through short selling.
No doubt #financialservices supporters will point to #shortselling as a key method of 'testing' the resilience of #corporations (in banking or any other sector); the profit is merely the price exacted for the 'service'...
For those losing their jobs or suffering hardship due to the recent upheavals, this will stick in their throat!