Seems to me as though those who usually play the market very well and have been busy making a great deal of money have taken a risk, got a bad hand, missed a trick and are now saying that the rules by which everyone else played were unfair.

Apart from loving exotic cars, I say well done Porsche!

Adam, Leamington Spa, UK

Don't you love the hypocrisy? Hedge funds in Europe whinging about lack of requirement of disclosure of long positions in Germany, meanwhile in Australia hedge funds are complaining that new rules requiring disclosure of short positions will take away their element of surprise.

Andrew, Sydney,

Hearing of the hedge funds loss was the very best finacial news I have heard in weeks. Foisted with their own petard!!!

Chris, Ilkley,

The trading desks of investment banks promptly redistribute their losses to small shareholders and pension funds everywhere. They are taking Billions from governments with one hand, and taking TRILLIONS from small investors through their trading schemes with the other. Ban all short selling, NOW!

K.Middleton, Madison, wi

Porsche displayed the power of free market capitalism at it's best; the free market (a.k.a. gambling), risk-taking Hedge Funds should be cheering from the roof tops with bullhorns!

Dave, San Diego, CA, USA

The hedge funds and banks that lost out played by the same set of rules as Porsche when shorting VW. Assessing risk is the bread and butter of these professionals. To punish Porsche retrospectively would be most absurd. Afterall, Porsche's desire in taking over VW was crystal clear from the outset.

Raffaello Re, Epping, UK

I have no problem with hedge funds, but they live and die by the sword.

Their whole business is based upon risk, they have won many battles ...

So no complaining

Chris, London,

If the Hedge Funds had had their way, who would pay... odds on the public.

Odd that isn't it, private speculators complaining that they couldn't cripple another business, adding to the bail out costs borne by government (aka the public). Or am I missing something?

Terence Park, Burnley,

It's hard to feel much sympathy for the Hedge funds. They were out to shaft VW for financial gain, and hang the consequences for the business, instead of which they got bitten big time. Good for Porsche! I hope they make good use of the money. It's time we focused on real business not trading.

Bernard, Austin,

Just deserts for those who turned Wall Street and The City into giant casinos.
Well done Porsche!

Richard, Greensboro , USA

So the brilliant Hedge Fund traders have lost a few more billion. Why should they care? It's not their money and the banks concerned will be bailed out. There'll probably be enough pumped in to pay them a nice bonus as well.

Simon, Chatham, uk

It is quite funny hearing of hedge fund operators complaining about underhanded tactics. I wonder how many companies they have driven out of business with their smash and grab mentality?

greg, Toronto, Canada

Caveat Emptor comes to mind.

And this certainly has occured in the UK though quietly covered up in the last few decades- including the UK T-Bond market..

Damian, Brighton,

Puts a smile on my face everytime I read this :-)

Patrick Bateman, London,

Is this a just a bad period for Hedge Funds... or they just using too much leverage....The members of Myinvestorsplace.com believe that leverage is the undoing... but there will always talent.... Are we wrong?

Andy
www.myinvestorsplace.com

andy abraham, weston, usa

It appears Porsche can excel at the casino as well as on the race track. Well done Porsche, perhaps your next model can be called the Sledge.

"Life itself is a race, market by a start and a finish..." F.P.

jm moulin, York County, Canada

Fantastic. Hedge funds pleading to the government for protection from stricken car companies. You couldn't have made it up!

Tim, Sydney,

The hedge fund industry builds a short position of 12.9% of VW that it cannot cover, despite Porsche having already applied to increase it's position above 50%, and they destabilise the DAX index - and they blame someone else? Surely the best argument to ban shorting so far..

Andrew, Zurich,

You take your bet and you take the consequences of that bet.
Shorting stocks brings with the potential of unlimited liability as technically the shares can keep rising.
There won't be many tears shed if hedge funds go bankrupt.
They have caused untold misery for millions of investors.
Adieu!

James, London, UK

The hedge funds made a naive and senseless commercial decision. If they had properly understood the German business 'scene' they would never have bet on Porsche letting VW go down. They made a stupid bet and lost, No tears.

michael smith, maidenhead, england

We will see who really has money now. With shares at such low prices the companies with real money will be looking to take over their rivals.

Social Darwinism sure hurts when you are on the receiving end.

john, tokyo, japan

....If the German market rules are so bad, why did the funds still go ahead and trade in the German markets? Its like complaining about the rules of a game after playing it...

Steve, Singapore,

You would think that these highly intelligent hedge-fund investors would be familiar with German rules on disclosure and would know better than to mess with German shares... a sad day indeed..

Jonathan Wilton, Manama, Bahrain

Well done Porsche!

But who will buy your cars now?

David, London, UK

Well done Germany!

Short selling, naked in particular, should be banned.

But whoops what's that I read about large hedge fund manager donations to UK political parties?

David, London,

Hedge funds - the ultimate cowardly bullies. Like to manipulate the market but complain when others do it.

Next they will ask the government for a handout.

Justin , Hong Kong,

Isn't funny that a carmaker can outplay all the hedge funds and investments banks at their home territory?
Now hedge funds claim there is a lack of transparancy and want to convince the EU to intervene. I guess that is the best joke I've ever heard.
Seems that the financial world has changed a lot

Friedrich, Auckland,

The Hedge funds got what they deserved. They were the cause of oil hitting US146 a barrel with their market manipulations of commodities and it is nice to see a short seller getting his justice through the market. Finally

Three cheers for Porsche!!!!!!

Sid Fowlds, West Vancouver BC, Canada

A large dose of their own medicine and just listen to them squawk.

Wonderful !

More please, lots more?

Ken.H, Harrow., UK

And if Porsche hadn't squeezed the hedgies, they'd all be sitting on a large profit and VW stock would be in the gutter.

Hedge funds take leveraged long positions then bleat when the regulators don't bail them out. Don't make me laugh.

The hypocrisy of Hedge funds is just incredible.

andy c, New York, USA

The hedge funds are screaming because somebody has beaten them at their own game? Kettle and pot perhaps?

wxalexander, Delta, Canada