Porsche - VW Merger Arb is a Hedge Fund Killer
Submitted by JRodgers (bestcashcow.com)
From Germany this morning, we can witness a trade that will be spoken about for years gone wrong.

Investing, Stocks, Income, Value, Economy, Dividends, Buffett, Passive, Retirements, Dividend, Recession, Stock, Market, Retirement, Apple, Personal finance, Banks, Stock market, Google, Real estate, Housing, Inflation, Oil, Credit, Interest rates.
Related Tags: Volkswagen, German autos, European union, Warren buffett, Mercedes, Vw, Suicide, Audi, European court of justice, Germany, Toyota, Adolf merckle, Bmw, Billionaire.
Adolf Merckle. who many Germans describe as their Warren Buffett, has committed suicide. It is largely believed that he was despondent over extraordinary trading losses last year when Porsche's...
From Germany this morning, we can witness a trade that will be spoken about for years gone wrong.
The European Court of Justice has overruled a 47 year old law designed to protect VW from being acquired by Porsche. This ruling may have significant implications for the auto industry and will...
The German auto manufacturers, particularly BMW and Porsche which do more US sales as a percentage of their business than Mercedes and Audi, are going to come under huge pressure here. Now that...
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Type
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Top APY/Rate
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Institution
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4.00%
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Dollar Savings Direct
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2.21%
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Vanguard
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|
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2.50%
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EverBank / Umbrella Bank
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|
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3.15%
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GMAC Bank
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|
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3.75%
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GMAC Bank
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|
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3.50%
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GMAC Bank
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|
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3.70%
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MetLife Bank
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|
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3.80%
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MetLife Bank
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|
4.10% |
Acacia Federal Savings Bank |
|
|
4.50%
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Acacia Federal Savings Bank
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|
|
5.64%
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US Treasury
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|
|
3.37%
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Northrop Grumman CU
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|
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3.87%
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Western FCU
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|
|
3.80%
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Melrose CU
|
|
|
4.25%
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Alliant CU
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|
|
0.05%
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Various brokerages
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|
|
0.51%
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Various brokerages
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|
|
1.10%
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Various brokerages
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|
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1.65%
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Various brokerages
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|
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2.67%
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Various brokerages
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