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...and then a financial crisis hits and suddenly they expect the government to bail them out because they didn't account for that risk in their models.
by Reimersholme 6y ago
...and then a financial crisis hits and suddenly they expect the government to bail them out because they didn't account for that risk in their models.
- Ambol 6y agoOr they knew all along that the government would bail them out, so they were playing a very different game than everybody else.
- quickthrower2 6y agoHa ha well that’s a different story more to do with bonus culture. An example of where the street smarts might come into play in modelling the modellers and predicting 2008