On Finding We Were Wrong


“These derivatives were very complex and suddenly turned against us.”

– Pierantonio Arrighi, Spokesman for Italease

Italease is an Italian bank that was threatened by a massive margin call after interest rate rises in Europe.

“Risk; a reality which reaches further than a perception.” – my1ambition

Advertisements

Tags: , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: