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March 28, 2009
Banks Part 2
This is the second part of the BBC2 series titled The City Uncovered with Evan Davis.
This second episode aired in Britain on 21 January, 2009 and is titled 'Tricks with Risk' This chapter explains the financial culture's risk professionals: the derivatives whizzkids and hedge fund managers.
After viewing this installment KIW's Economics Department now knows what a hedge fund is! We are unsettled that this . . . um . . . parasitic . . . behavior has ever been acceptable - much less encouraged.
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Posted by williamfrick at March 28, 2009 7:27 PM