
Some Hedge Fund Folks Are Probably Hoping The Facebook Situation Doesn’t Get Worse
I'll tell you what, if this Facebook debacle continues to spiral out of control, it's going to be interesting to read some of the fund letters from folks who have enjoyed riding the wave with FANG and FAAMG and any other fun acronym associated with the market's high-fliers.
Of course odds are this storm will pass, but then again, the political environment and the ongoing trickle of negative publicity around the tech behemoths could create a kind of "Pandora's Box" scenario (as Deutsche Bank put