Gilt Trip: Did UK government bonds almost blow up the financial system?
Many Happy Returns
00:00
The Biggest Caveat I've Ever Heard in My Life
Leveraged hedging strategy at UC Price became so important so quickly. I don't think they could have built it out in any way, he says. Are there other things that we could just see bubbling up and needing a kind of intervention from the Bank of England or the Federal Reserve in the US? "It's anything which has leverage, which you don't really know about"
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