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"Very nice post - I like the parallelism with Thor, both in general and in the latest movie. But I have to ask, does anyone really expect there will be any "fail" ratings published? I'd bet that every single one of these banks will "pass" the stress…"
"I looked in my library for Against the Gods, but they didn't have it. Turns out it was published in 1998! I've ordered the book through my library service, but there only seems to be one copy in NJ. Could a 12 year-old book (or is it 13?) still be…"
""Oh, we [lie and] tell them we have $500MM of AUM"
Said by the manager of a $200MM fund of funds in response to my question about he was able to get in the door with so many large hedge funds that were (at the time) difficult to get into. "
Said by the manager of a $200MM fund of funds in response to my question about he was able to get in the door with so many large hedge funds that were (at the time) difficult to get into. "
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