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For anyone not familiar with the language of commodities trading, that means they bet that prices would go down when they went up and bet they would go up when they went down. Upon its demise, brought on after the government in Beijing refused to bail the company out (crony communist rulers willing to bbw anal sex allow bbw anal sex a big company to go bust; would our crony capitalists be so bold?), the bbw anal sex company had staked out $500 million in bad positions, mostly in West African light, sweet crudes. Some believe that when it is all over, China Aviation Oil may rack up $1.5 billion in losses. A lot of crude oil traders, especially those east of Suez, had to quickly unwind long positions designed to take advantage of China Aviation Oil's rapacious need.
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