And now a /biz/ community announcement.
LARGE INVESTORS....HAVE YOU CHECKED THE SOLVENCY OF YOUR FAVORITE BROKERAGE FUND YET...BE PRUDENT DO IT NOW!
derp
>>1267281
a derp
>>1267279
Good book BTW, LTCM was fascinating.
>>1267633
Liars poker is a good one I thought. same guys in both instances.
>>1267633
So its quite possible the same guys or their proteges are in up to there eyeballs in the latest shill hey!
>>1267637
One guy was the same (Merryweather). The real minds behind it had nothing to do with Salomon brothers.
>>1267639
Merriweather went on to start a few more hedge funds but none were spectacular.
Not sure what happened to Merton and Scholes, or the Iranian Jew guy who developed the algorithms they used.
>>1268221
Both went back into academia where they can't fuck up too hard.
>>1268225
>>1268221 DO you think Jamie Dimond and Loyd blankenstein&Co RATE against Merriweather or are they just "standing on the shoulders of giants" so to speak Not saying any of them are decent humans. infamous would be the word Id use
.
>>1268221
They are still around. Finance professors who've met them defend them to this day. Unfortunate for them they never ever ever ever expected a 16 standard deviation move in all Eastern European bonds at the same time.
Ha ha! Business!
>>1268347
Jamie and Lloyd are decent people. They went to school, had a purpose, learned the game, played hard and made oceans of cash with their risk management. They went a bit aggressive in some areas and got their peepees whacked by regulators from time to time. They have accidentally hired some assholes from time to time but then again who hasn't?
>>1267279
Is it fucking happening?
