Hedge Fund Smash and Grab!

Last week American hedge fund boss Bill Ackman created a panic by urging President Trump to shut down the borders, “Hell is coming!”

During his interview with CNBC Ackman created panic by pushing the lie that the virus kills 1-2% of people and 3-4% of people in China.

He told CNBC in a shaky voice that, “This thing can spread everywhere!… 50% of the world is going to get infected! I just rolled this thing forward and said it’s just a matter of time!”

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Bill Ackman also posted several horrified tweets about the coronavirus.

Mr. President, the only answer is to shut down the country for the next 30 days and close the borders. Tell all Americans that you are putting us on an extended Spring Break at home with family. Keep only essential services open. The government pays wages until we reopen. — Bill Ackman (@BillAckman) March 18, 2020

Now we know he was betting against the markets — while pushing an end of the world scenario on Twitter and TV.

Bill Ackman announced today he made $2.6 billion from a one-off bet that the coronavirus would cause a global panic.

The Daily Mail reported: