Re:What good is Wall Street?
by eljaco on Monday November 22, 2010 @11:25AM
(#1930278)
I'd like to make an amendment:
Take risks. You will pocket profits right away and bailout will cover any downside as long as you can make enough people think you are too important to fail.
[ Parent
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Another way to get bailed out is to make sure that folks who have the power to do a bail out think that keeping you alive will benefit them. You can do that with political support.
Re:What good is Wall Street?
by SkyMarshal on Monday November 22, 2010 @12:14PM
(#1930495)
I was going to say something similar: Take huge frikkin risks that can sink the world if they fail. You'll make billions and bailouts will cover any downside.