3 ms·
> Can someone explain to me how did they manage to mess it up? Ideas: Greed, incompetence, a combination of the two. Just guesses out of thin air: Collect $1b
by MuffinFlavored 4y ago
> Can someone explain to me how did they manage to mess it up?
Ideas: Greed, incompetence, a combination of the two.
Just guesses out of thin air: Collect $1b, don't just keep $1b sitting around in low-risk instruments 1:1. Take $200m for yourself. Try to turn it into $1.2b through risky investments.