The Sydney Tele is putting the boot into Malcolm and it's easy to believe it's part of a Murdoch media campaign to get him sacked





The Telegraph's front page makes it look like something really terrible. An Australian Prime Minister wanting companies to fail. What a disgrace!
Yet when you read the details of the story it really does seem like much ado about very little.
Malcolm Turnbull is a wealthy man. When he entered Parliament he put his investments into the hands of assorted fund managers and stopped having any say in what was bought and sold.
One of those fund managers has engaged in "short selling" - made bets that the prices of some Australian shares will go down rather than up.
But there is nothing strange about that. As the Tele acknowledges well down in its sensationalised yarn "almost every ­investment fund or trader engages in short selling."
It looks very much to me as if the Tele is in the business of trying to undermine PM Turnbull.

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