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A comment on RIP Good Times (2008). Parent comment

Re:RIP Good Times (2008) by streetcat1 on Thursday May 19, 2022 @06:25PM (#31440954)
Actually, if you read Nissim Taleb, banks are the most fragile companies. They have capped upside (basically interest rate) , and indefinite downside.
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Re:RIP Good Times (2008) by fartcannon on Friday May 20, 2022 @09:18AM (#31446983)
In reality, they get bailed out. So there is no downside? They can literally do whatever the they want, get small fines, and if it all falls apart, we just give them more. How many bonuses got paid out of the bailout money?
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Re:RIP Good Times (2008) by 55555 on Thursday May 19, 2022 @11:11PM (#31442933)
Which of his books is this from?
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Re:RIP Good Times (2008) by streetcat1 on Thursday May 19, 2022 @11:31PM (#31443042)
The Black Swan, Second Edition. he added a chapter.
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