Seems like the whole finance industry continues to cheat until they get caught. Why wouldn’t they after that 2008 when everyone lost all their money and they got massive taxpayer dollars??
The descent into naked oligarchy continues.
The descent into naked oligarchy continues.
Given their lack of capability to produce this good, they have taken about $18 billion risk assuming they are able to manipulate the market with more strength than the buyers.
I cannot imagine how this level of risk is acceptable… without a massive taxpayer footed fallback plan