Bankers maybe ruthless, but they're certainly not stupid. The only meaningful sources of cash they have is either profitable operations or capital. Why on earth would a banker compromise either of these when the hedge book is being unwound, they have preferred status and there is no evidence of unprofitable trading?
trading halt please, page-10
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)