4 ms·
By not reporting losses until the bailout is in place? Isn't that the playbook established in the 2008 housing party?
by h2odragon 4y ago
By 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.