4 ms·
<3 Taleb. What's surprising is that people are surprised by this latest crash. Banks, throughout history, have never made money. I worked in credit structuring
by kul 19y ago
<3 Taleb. What's surprising is that people are surprised by this latest crash. Banks, throughout history, have never made money.
I worked in credit structuring for Deutsche Bank and saw first hand the manipulation of credit ratings to engineer 'profit'.
http://www.kulveer.co.uk/2007/09/credit-crunch/ http://www.kulveer.co.uk/2007/09/credit-crunch/
- aswanson 19y agoYou should have opened a hedge fund strictly based on shorting those banks.