Because Wall Street’s gambling addiction is financed and supported by the American taxpayer. Win or lose, these bankers have figured out that extreme financial risk taking is always the right strategy… because the megabanks are still too big to fail.
Thanks to The Reformed Broker for bringing this game of roulette to our attention… although it may as well be Russian.
It’s Completely OK if the House Wins originally appeared in the Daily Reckoning. The Daily Reckoning, a FREE daily e-letter, offers a “uniquely refreshing” perspective on the global economy, investing, and today’s markets.
