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That’s like saying that banks making risky bets on CDOs in 2008 had nothing to do with housing
by graeme 4y ago
That’s like saying that banks making risky bets on CDOs in 2008 had nothing to do with housing
- dropnerd 4y agoi think what they're trying to say is that these firms just look like traditional trading firms, not like defi. opaque backroom billion dollar handshakes go wrong, contagion spreads, ltcm/2008 style. main difference- there's no government bailout coming.