The Oil Short Squeeze Explained: Why Banks Are Aggressively Propping Up Energy Stocks

Tuesday, March 8, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/08/2016

“JP Morgan is raising equity in a company with questionable prospects and using the funds to repay debt the company owes JP Morgan. The arrangement allows JP Morgan to get its money out prior to lenders subordinated to it get their $401 million payment.”

The Rest…HERE

This entry was posted on Tuesday, March 8th, 2016 at 2:33 pm and is filed under Conspiracy, Corruption, Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.

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