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Pastimes : All Clowns Must Be Destroyed

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To: Lymond who wrote (34997)5/23/2000 9:57:00 PM
From: robnhood  Read Replies (1) of 42523
 
John,, There was good article on this recently--

It is in human nature to go to greater and greater risk for a larger return. The competition is staggering and to beat it requires accepting huge risk. That IMO was the jist of it and it was in reference to the banks and derivatives..
Let us not forget that the banks are quite sure that they will be bailed if they screw up. This has certainly been the case for the last two decades, however , derivatives have allowed an expansion of risk that may not be possible to be saved from..
<< highly controlled risk
management at the other.>>

We do know that the boyz in this department have looked the other way on many occasions.
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