Tuesday, June 3, 2008

Oil Markets, the U.S. Senate and Michael Masters

As some of you suspected, Michael Masters, the hedge fund manager who testified before the Senate a couple weeks ago, was partially talking his book.
Here are the names that would be positively affected by lower oil prices:

AMR- American Airlines
DAL- Delta Airlines
LCC- US Airways
UAUA- UAL Corp.
GM- General Motors

Here are his publicly traded positions:


SOURCE