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How Wall Street Escaped the Crypto Meltdown
- h2odragon 4y agoBy not reporting losses until the bailout is in place? Isn't that the playbook established in the 2008 housing party?
- giaour 4y agoWhy do you think there will be a bailout, and what makes you think the firms in the article are concealing crypto losses? The article makes a compelling case that existing regulations limited the exposure of banks and traditional investment firms, allowing them to avoid (and in some cases profit from) the crypto collapse.
- known 4y agohttps://archive.is/aNNxA https://archive.is/aNNxA "You never know who’s swimming naked until the tide goes out" --Buffett (b. 1930)