https://www.bloomber...-makes-her-name
It's coming up again
Started by
Swiss Trader
, Sep 27 2017 05:48 AM
3 replies to this topic
#2
diogenes227
-
- TT Patron+
- 5,120 posts
Member
Posted 27 September 2017 - 09:42 AM
Of course, it's coming back.
For a species that considers itself to be smart, homo sapiens are as dumb as rocks.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#3
gm_general
-
- TT Member+
- 1,653 posts
Member
Posted 27 September 2017 - 09:58 AM
Well, to Citigroup's credit, they did buy off the politicians years ago to place a rider in the Omnibus spending bill that repealed the DF protections against raiding the consumer accounts to pay for future screw ups. That was to pay for issues with their increasing derivative positions (while other banks were winding them down). Here the customer seems to be holding all the losses. What could be wrong with that?
#4
da_cheif
-
- Traders-Talk User
- 10,960 posts
Member
Posted 27 September 2017 - 10:16 AM
Of course, it's coming back.
For a species that considers itself to be smart, homo sapiens are as dumb as rocks.
i thought this was a stock market traders board
