... how about borrowing money so you can leverage up 3-to-1 to invest in a Ponzi scheme?
That's what Nomura and Neue Private Bank (NPB) did. You can read their marketing piece here.
It sounds like Nomura/NPB's customers are limited to losing what they put in (100%), so Nomura is going to have to pony up the other 200%. Sucks to be them!
Subscribe to:
Post Comments (Atom)
-
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a... -
Only the police should have guns, you know. The shocking double murder of a young couple in Irvine turns out to have been suspectedly com...
Inauguration Day
Joe Biden right now listening to Trump talk about ending government censorship and the weaponization of justice:
No comments:
Post a Comment