Triple extortion. Interested mainly as I work for a cyber firm.
Type: Posts; User: Bondurant
Triple extortion. Interested mainly as I work for a cyber firm.
Michael Lewis will make some money from it...his book will be on my Xmas list.
They could legislate against it. Like the Chinese are doing. I'm not saying they will, but it is a possibility.
Now, on sub prime I believe I'm on firmer ground. What you are describing happened...
They could.
Sub prime was not the same. Few people understood what was happening until it was too late. What could have been 'shut down'? Do you mean refusing to bail out banks?
Congratulations and thanks for posting the backgrounder
Is it not a moot point anyway? If you had a stock where every holder wanted to sell, then that means someone has to buy them. Ergo it couldn't happen that all money is returned to stock holders....
Love the line about pre-screened suckers in that article.