Re:Uber discovered they’d been defrauded out of 2/3 of their...
by doopy1 on Sunday January 03, 2021 @05:55PM
(#25626047)
I saw a nice synopsis from a finance person on reddit on why the analogy to the mortgage issue is way off the mark, but I doubt I can find it again. My point is that there's a whole burgeoning industry in whining about how ad companies are evil, but it's not really quite so black and white.
people in the industry it is about laughing it off i think is to be expected. i doubt most traders in mortgage securitization in 2006 would have agreed the sky was about to fall.