by Bernhard at Moon of Alabama
The Israeli Haaretz headlines:
Did Hamas Make Billions Betting Against Israeli Shares Before October 7 Massacre?
Giant gambles against Israel on the markets in Tel Aviv and Wall Street days before Hamas’ attack made billions. Somebody seems to have known about the plan in advance
The story is unfortunately pay-walled and I have yet to find an archive version of it. An archived version is now available.
We know that Batteridge’s law of headlines says:
Any headline that ends in a question mark can be answered by the word no.
It was thereby not Hamas which profited from unusual short positions but likely someone else.
The Haaretz story is based on a very recent study by two law professors with experience in market regulations from New York University and Columbia University.
A PDF file of the study, Trading on Terror?, is available at the Haaretz site.
Its abstract says:Continue Reading