This is high finance, Robert Ariail-style.
May 18, 2012
Ever Hear the Wall Street Term "Taking a Haircut"?
Robert Ariail, 5/17/12:
When a company loses $2 billion through their own stupidity and bad planning -- and even though that can't seriously harm a bank that made $19 billion in profit last year -- the damage is done immediately, not to the bank itself, or even the nation where those bad trades were placed, but to the nation it's ostensibly headquartered in.
This is high finance, Robert Ariail-style.
This is high finance, Robert Ariail-style.
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