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"Except bankers don't understand finance either, but they think they do." Amen to that. Your own analyst tells you half the mortgages in the pile are toxic. B
by dba7dba 12y ago
"Except bankers don't understand finance either, but they think they do."
Amen to that.
Your own analyst tells you half the mortgages in the pile are toxic. But the banker tells the analyst to shut it and make the pile look good so the bank can sell it to 'investors'. Some banker.
- rismay 12y agoSeriously. People hate bankers because bankers are ignorant to their own behavior.