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Thread: Lufthansa's fuel hedging hit by Lehman crisis (source: Reuters)
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Old Oct 29, 2008 | 2:45 pm
  #7  
andre1970
 
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Originally Posted by oliver2002
AFAIK hedge is a bet. If prices go north, the bank pays. If prices go south, LH pays.
That's right. Otherwise, it wouldn't be very, uh, fair, would it?
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