Why $1.5 Billion Nevsky Capital Is Shutting Down: The Full Letter

by Tyler Durden
ZeroHedge.com
01/05/2016

“It is time to accept that what we have done has worked brilliantly for twenty years but does not work anymore and move on. We are confident our process will eventually work again – for the laws of economics will never be repealed – but for now they are suspended and may be for some time; an indefinite period involving indeterminate levels of risk during which we think it would be wrong for us to be the stewards of your money.”

The Rest…HERE

This entry was posted on Tuesday, January 5th, 2016 at 12:06 pm and is filed under Economics, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.