This, too, is why Jamie Dimon is richer than you:
Compare and contrst to the performance of LTCM just before it had to be bailed out, ushering in the modern era of of Too Big To Fail.
This, too, is why Jamie Dimon is richer than you:
Compare and contrst to the performance of LTCM just before it had to be bailed out, ushering in the modern era of of Too Big To Fail.
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/9344
[3] http://www.zerohedge.com/taxonomy_vtn/term/8432
[4] http://www.zerohedge.com/taxonomy_vtn/term/10272
[5] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/CIO%20P%26L.jpg
[6] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/03/LTCM%20P%26L.png