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2min chapter
Reverse Ponzi Scheme
The Compound and Friends
Leman Brothers - Is That a Strategy?
There was a moment in the financial crisis where people like dick fold at leman brothers were alike, actively publicly talking about bailing other mother fkers out. I don't km not saying that's what's going on now. But what i am saying is, leman was public, like, we knew what there the o nobody really know. E didn't really know what leman hadwright so much of it was off balance sheet. They would take it, they would take a huge loss and putt a loss a liability, push it off the balance sheet, file earnings and then pull it back. It sounds like fraud son sketch called ripo one 51 or something like that.
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