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And yet, I have a hard time imagining any RenTech employee that didn't just join having a hard time coming up with 50% of what they had invested in Medallion. I
by SonOfLilit 9y ago
And yet, I have a hard time imagining any RenTech employee that didn't just join having a hard time coming up with 50% of what they had invested in Medallion. I mean, it's about what Medallion made them last year?
Also, banks are apparently notoriously unafraid of taking the risk that RenTech would lose money. Source: my favorite Matt Levine piece: https://www.bloomberg.com/view/articles/2014-07-22/senate-literary-critics-don-t-like-fictional-derivatives https://www.bloomberg.com/view/articles/2014-07-22/senate-li...