4 ms·
All the world's economies artificially prop up the market and, surprise, General Re is now a gem and the king still has no clothes on.
by wahsd 12y ago
All the world's economies artificially prop up the market and, surprise, General Re is now a gem and the king still has no clothes on.
- lifeisstillgood 12y agoGen Re was purchased decades ago and so the 2008 interventions were not related to makin it a gem. (I am sure that they helped polish the bank balance since but even so ...)