3 ms·
we need not confuse blowing up one's own portfolio with stealing ten billion dollars
by anonymoushn 3y ago
we need not confuse blowing up one's own portfolio with stealing ten billion dollars
- yieldcrv 3y agowe need not confuse the legitimacy or illegitimacy with the characters involved, since they both mismanaged capital and business
- VagueMag 3y agoFar more money has probably been stolen with the "heads I win, tails you lose" approach -- just put on massive leverage and stick someone else with the bill if it blows up -- than has been stolen by all the Ponzi schemes in history.