And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.
James ChanosQuotes currently Trending
Prieas turi bti atpastamas ir baisus, jis turi bti tavo namuose arba prie dur slenksio. tai kodl ydai. Mums juos atsiunt Dievo apvaizda, tad, dl Dievo, pasinaudokime jais ir melskims, kad visada bt yd, kuri galtume bijoti ir neksti. Prieo reikia, kad tauta turt vilt. Sakoma, patriotizmas - paskutin niek prieglauda: neturintis morals princip daniausiai apsisiauia vliava, o mirnai visada rkia apie gryn tautos krauj. Tautin tapatyb - paskutin varguoli atspirtis. O tapatyb gyja prasm tik per...
Umberto Eco
Why should her lover, just because he is male, be in a position to judge her against other women? Why must she need to know her position and hate needing to, and hate knowing? Why should his reply have such exaggerated power? And it does. He does not know that what he says will affect the way she feels when they next make love. She is angry for a number of good reasons that may have nothing to do with this particular man's intentions. The exchange reminds her that, in spite of a whole fabric...
Naomi Wolf
Oh! you are a great deal too apt, you know, to like people in general. You never see fault in any body. All the world are good and agreeable in your eyes. I never heard you speak ill of a human being in my life."I would wish not to be hasty in censuring any one; but I always speak what I think.
Jane Austen
