4 ms·
Reminds me of a chapter from Michael Lewis's "The Big Short: Inside the Doomsday Machine" (a book about the recent financial crisis) in which one trader asks "w
by bentlegen 16y ago
Reminds me of a chapter from Michael Lewis's "The Big Short: Inside the Doomsday Machine" (a book about the recent financial crisis) in which one trader asks "who's buying these?" [toxic housing assets], and the other replies "Dusseldorf. Stupid Germans."
http://www.economist.com/node/15955490 http://www.economist.com/node/15955490