Comment by grigri907
3 hours ago
I assumed they were referring to market crashes caused by irresponsible levels of risks and deceptive practices like we saw in 2008, and/or government-funded bailouts
3 hours ago
I assumed they were referring to market crashes caused by irresponsible levels of risks and deceptive practices like we saw in 2008, and/or government-funded bailouts
That was not caused by trading. It was caused by irresponsible lending and deceptive securitisation of that debt.
Trading can bring down a bank (e.g.Barings) but is not a big systemic risk.