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mmayr

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mmayr

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Re: None

Friday, 03/12/2021 10:29:13 AM

Friday, March 12, 2021 10:29:13 AM

Post# of 40869
The Best Way to Rob a Bank

The best way to rob a bank is to own a bank.


I think that the collapse over the past week of Greensill Capital has a lot of systemic risk embedded within it, particularly as the fraudulent deals between Greensill and its major sponsors – Softbank and Credit Suisse – come to light. And that’s not even considering Greensill’s second tier of sponsors – entities like General Atlantic and the UK government – all of whom are up to their eyeballs in really dicey arrangements.

Source: https://www.epsilontheory.com/the-best-way-to-rob-a-bank/#.YEeKBRVYc_U.twitter

Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644

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