Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

And so it can be very much in the interest of bank A to sell-short bank B shares, or buy CDSes on bank B, because they have exposure to bank B. It's the responsible thing to do as a fiduciary, and yet if everyone does it at the same time, it's destabilizing because everyone is selling.

James Chanos

Copyright © 2001 - 2014 BrainyQuote