Discussion in 'Wall St. News' started by Banjo, Nov 10, 2010.
Wall street was laughing whenever a cfo of a state agency decided to buy interest rate swaps. Imo, I think those cfo's wanted to appear to play in the big leagues, and why not, it wasn't their money.
All these transactions were detailed in Liar's Pocker and Fiasco.
I guess these cfos never bothered to read them. Wonder how much kick backs, they all got?
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