by ltt store.com October 10, 2020
by Chi-Chi January 29, 2004
Other people's Portfolios
It means pulling a Bernie Madoff. Jacking the elderly, infirm, widows, or just middle class America. Its when hedge funds and investment banks leverage at stratospheric levels of other people's portfolios in order to achieve above average market returns, but don't anticipate and insure for contingencies and black swans.
It means pulling a Bernie Madoff. Jacking the elderly, infirm, widows, or just middle class America. Its when hedge funds and investment banks leverage at stratospheric levels of other people's portfolios in order to achieve above average market returns, but don't anticipate and insure for contingencies and black swans.
Wall Street Executive: Look, we need those bonuses so that our trophy blond shiksa wives won't leave us for the next richer asshole.
Wall Street Executuve #2: Okay, well gotta' use OPP and leverage the shit out of it.
both high five at the end and slap each others asses.
Wall Street Executuve #2: Okay, well gotta' use OPP and leverage the shit out of it.
both high five at the end and slap each others asses.
by YatM July 24, 2009
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