4 ms·
>the best most analysts predict is an SEC or federal bailout for some hedges, but theres no way either institution can cover them all... Why the hell should th
by grawprog 6y ago
>the best most analysts predict is an SEC or federal bailout for some hedges, but theres no way either institution can cover them all...
Why the hell should the SEC do that? This type of nonsense is infuriating. Everyone loves capitalism and deregulation until a big player falls then it's time to run to the government and save them.
>This is the financial equivalent of asymmetric guerilla warfare
Which is what the average person not involved in the financial markets experiences every day they exist because of decisions being made by people far away with more money than they'll ever have in their lives.