4 ms·
Exactly. Somebody has to eat the loss, maybe depositors, maybe the taxpayer. And somewhere, someone (some many), was on the other end of those trades - or not
by somewhereoutth 4y ago
Exactly. Somebody has to eat the loss, maybe depositors, maybe the taxpayer.
And somewhere, someone (some many), was on the other end of those trades - or not on the other end of trades that should have been made, and has made a gain.