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> Passing risk onto others and being paid a commission for the job of finding buyers & sellers. That's basically what investment banks do (and people are prett
by jackgavigan 11y ago
> Passing risk onto others and being paid a commission for the job of finding buyers & sellers.
That's basically what investment banks do (and people are pretty cynical about it).
- joosters 11y agoTheir occasional massive losses would hint that they don't always do a good job of passing on the risk.