3 ms·
It almost reminds me of what happened with derivatives, securitization and HFT on wall street. The game became all about bamboozling the regulators and investo
by narrator 16y ago
It almost reminds me of what happened with derivatives, securitization and HFT on wall street. The game became all about bamboozling the regulators and investors with complicated financial games instead of creating real wealth.
There's this ugly thing in American business where money is made on making things overly complicated. Where instead of trying to solve economic problems people are just trying to win at chess.