I don’t really know much about finance, but I do know two things : Goldman Sachs almost always wins and UBS almost always loses. I think they should stick to there core competency of money laundering.
So what is the opposite of a vampire squid ? A zombie octopus ?
I admit that Citibank gives UBS a run for its money (dead octopusses don’t run very fast).
Oh, ye of little faith. The answer to your question is: “not for long.” The previous bailouts didn’t happen immediately upon discovery of the problem. Why would this one?
I don’t really know much about finance, but I do know two things : Goldman Sachs almost always wins and UBS almost always loses. I think they should stick to there core competency of money laundering.
So what is the opposite of a vampire squid ? A zombie octopus ?
I admit that Citibank gives UBS a run for its money (dead octopusses don’t run very fast).
You mean there’s still such a thing as an error in this “heads they win tails we lose” regime? I guess that’s news.
amateur socialist,
Oh, ye of little faith. The answer to your question is: “not for long.” The previous bailouts didn’t happen immediately upon discovery of the problem. Why would this one?
Make that
Oh, ye of too much faith.
The failure to self-regulate invites legislation.