Thursday, October 20, 2011

Brilliant: "A ’5x Inverse Eurozone Volatility ETN’ to save the Eurozone?" (EFSF)

Just Brilliant. We are in the presence of genius.
From FT Alphaville:
Has the answer to the eurozone problem been staring us in the face all this time? Could we equitise the EFSF and float the stock to investors so as to raise funds, rather than relying on bond insurance?
FT Alphaville would like you to consider the following offering*:
*This is in no way a solicitation or endorsement of investment, not least because the investment is entirely fictitious. Please ask your investment advisor if you are struggling to distinguish between reality and fiction. Past performance is not indicative of future results.