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"investment firms and hedge funds will benefit their clients by investing their money and (hopefully) getting them a good return" Ideally, but in the really-re
by georgemcbay 12y ago
"investment firms and hedge funds will benefit their clients by investing their money and (hopefully) getting them a good return"
Ideally, but in the really-real world they often fuck their clients because conflict of interest rules rarely exist or when they do aren't enforced.
Goldman Sachs (already mentioned in the thread) being a prime example of this, eg the Abacus deal, the whole "muppet" culture, etc.
- icebraining 12y agoSo how do they still have clients?
- camelite 12y agoState-of-the-art salesmanship.