Molly investigates how Nigel Farage’s declaration that Remain had won the EU referendum could have helped hedge funds make millions off the back of the pound’s collapse once the true result was known.
Published: 26th June 2018
Full article here
“There has long been speculation surrounding Farage’s interview with Sky News on the evening of the EU referendum, when he appeared to concede defeat. On Monday detailed analysis by Bloomberg noted that his “concessions” that night could have helped hedge funds make millions off the back of the pound’s collapse following the true Brexit result.
“These City wide boys – the real “bad boys” of Brexit – have used and continue to use Brexit as a way to swell their own wealth and power. This could be the ultimate big short, and a victory for disaster capitalism.”