Re:JP Morgan's Coffee Machine
by kodah on Thursday September 09, 2021 @06:15PM
(#28475286)
If what the author is stipulating is true, wouldn't banks have just written themselves a check during the 2008/9 crisis and never involved the President or Congress? Basically a bank could avoid all crises by having enough global customers to offset risk they insert into each market. Yet, even global banks suffered during this crisis.
[ Parent
| on HN ]