So I’m watching the film “Margin Call,” set in a Wall Street investment bank during the early hours of 2007-8 financial crisis. Spotting the iceberg ahead and confident re the grim magnitude of what is about to befall them, they call in the big boss who helicopters in. Surrounded by a roomful of razor sharp analysts, he wants an explanation, prefacing his request with words to the effect of “And explain it to me as if I’m your six year old granddaughter or your cocker spaniel. Remember, I didn’t get to this position by way of smarts.”
The analyst does as directed. I still don’t get it.
BILL
No comments:
Post a Comment