Post ATiG22MBIpUEyvIDFg by david@mastodon.davidciani.com
(DIR) More posts by david@mastodon.davidciani.com
(DIR) Post #ATggwi07rm7iqcjy0O by mikeylikestech@infosec.exchange
2023-03-16T22:52:45Z
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@kairyssdal @davidgura Is Dimon the modern day JP Morgan?
(DIR) Post #ATghKFXvJR4RXwm3kG by peatbog@med-mastodon.com
2023-03-16T22:56:56Z
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@kairyssdal @davidgura I had to Google, "LTCM:https://en.wikipedia.org/wiki/Long-Term_Capital_Management"In 1993 Meriwether created Long-Term Capital as a hedge fund and recruited several Salomon bond traders; Larry Hilibrand and Victor Haghani in particular would wield substantial clout and two future winners of the Nobel Memorial Prize, Myron Scholes and Robert C. Merton.The Nobel was awarded to Scholes for, "Privatizing profits & socializing losses before the poors wise up" and to Merton for, "Let Satan destroy us all!"
(DIR) Post #ATiG22MBIpUEyvIDFg by david@mastodon.davidciani.com
2023-03-17T17:00:34Z
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@kairyssdal @davidgura are we really comparing a commercial bank with a highly leveraged hedge fund?