Kashya, the wife of Philipp Hildebrand (head of the Swiss National Bank) sold Swiss Francs just a few days before the Swiss National Bank initiated exchange controls and devalued the Franc. The timing of the transactions was nearly perfect. The suggestion is that “pillow talk” between husband and wife lead to the trades.
Read more: http://articles.businessinsider.com/2012-01-01/wa…
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I actually thought about writing about this yesterday, but I didn't think there'd be much interest on the site. It's kind of the equivalent of Hilary's pork bellies.
The wife of a central banker probably shouldn't be participating in any macro speculation in the first place.
Am I the only one who thinks this baby balling bullshit should be on some "go hard or go home" shit or don't bother? Same shit with Congress inside trading. Dudes' returns are pathetic.
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