Everyone was bailed out but the fed effectively. The people that hedged end up a little behind, because they paid a premium to be hedged. Such is the joy of fed action: the biggest risk takers profit the most. But no one has lost because of this...
on financial markets nobody who gambles should get bailed out. future generations of investment bankers would simply price in the bail out. I'm pretty sure they are doing that already.
how risky are you willing bet when you know that you only have to fail really hard to get bailed out?
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So the people that hedged their risks lost and the idiots that didn’t get bailed out?
Everyone was bailed out but the fed effectively. The people that hedged end up a little behind, because they paid a premium to be hedged. Such is the joy of fed action: the biggest risk takers profit the most. But no one has lost because of this...
on financial markets nobody who gambles should get bailed out. future generations of investment bankers would simply price in the bail out. I'm pretty sure they are doing that already.
how risky are you willing bet when you know that you only have to fail really hard to get bailed out?