Casdon
Oreo
maddyone
Not sure that I think that is a reliable source Casdon.
You’re dead right, we have to be careful about sources and what we believe too easily.
If you knew me Oreo you’d know I’m an absolute pain of a source checker.
Well I think you missed a couple of facts in all the sources you linked.
Which actually were all framed around just one.
Did you notice that this 'article' mentioned that this was a computer generated hedge fund?
Which essentially means the decision on where the hedge fund moves it's money, is based on an algorithm (those pesky algorithm's again).
Not an individual.
'Marshall Wace held a shortening position since the spring, but pared it's NatWest bets back more recently'
As I see it, a computer generated a course of action, for the hedge fund. Which it changed recently (to the detriment of Paul Marshall's account).
In the end making five million.
It doesn't imv, warrant all the fuss.
The way TLE has framed this, it's clear it's fishing for clicks.
As for the Telegraph, your guess is as good as mine. Maybe they too thought they could sell more papers, or just report the story. I don't know.
I think Marshall is worth 680 billion according to one of your links.
Using the Tesco strap line 'every little helps' I suppose.
Most of these articles are just diddling around spouting spurious gossip, to make some money. Fine.
I did notice TLE made sure the hedge fund info was in the last paragraph, and given the gloss of a joke, to
a) stop it being sued and
b) give the reader the feeling of being in on the back story.
I think it might add some clarification to look more closely at sources too.
The London Economic has been described as having a
strong left wing bias, always favours the left, consitantly uses loaded headlines.
As I said earlier I don't blame them for high lighting the story, but the link they tenuously make and you bought hook line and sinker, is following exactly the same procedure as AR and Oliver Jacks.
Look where that got them.
I'll call this a non story, until or unless some one comes up with evidence of fraud.