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> "To help plan the training sessions, one of Kabbaj’s colleagues e-mailed to ask about the level of the Libyans’ knowledge of derivatives. He responded: 'Baaaa
by princeb 10y ago
> "To help plan the training sessions, one of Kabbaj’s colleagues e-mailed to ask about the level of the Libyans’ knowledge of derivatives. He responded: 'Baaaaaaaasic.'"
bizarre. you don't really expect to have to walk through finance 101 with a 67-billion-dollar SWF... you just have to believe the guys hired to manage that fund are qualified right? these are not your grandma's retirement savings.
and then they turn around and say they don't understand what they bought?
- trhway 10y ago>you just have to believe the guys hired to manage that fund are qualified right? being a second cousin of a wife of the "beloved leader"'s chief of security is the best qualification, easily beats your Princeton's MBA in Finance.
- barry-cotter 10y agoPrinceton doesn't have any professional schools, neither law, medicine nor business.