He also lost a ton of $ and you can claim that was on purpose but he also made many attempts to get out of the deal so that would indicate otherwise. Also the sale of the subprime debt by holders suggest that risk was increasing in their outlooks and they wanted it off their books.
He also lost a ton of $ and you can claim that was on purpose but he also made many attempts to get out of the deal so that would indicate otherwise. Also the sale of the subprime debt by holders suggest that risk was increasing in their outlooks and they wanted it off their books.