BUSINESS
02/12/2009 05:12 am ET | Updated May 25, 2011

How Porsche Hacked The Financial System And Made A Killing

A "short squeeze" sounds inconspicuous enough; you wouldn't tell it by Bloomberg's language, but Merckle's Volkswagen bet lost out to one of the most masterful hacks of the financial system in history.

For those of us who don't live and breathe finance, this is that story.

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