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 Wall Street's Mr Risk thrives on traders' ignorance of politics

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RR Phantom

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Wall Street's Mr Risk thrives on traders' ignorance of politics Vide
PostSubject: Wall Street's Mr Risk thrives on traders' ignorance of politics   Wall Street's Mr Risk thrives on traders' ignorance of politics Icon_minitimeSat Jul 30, 2016 10:12 pm
It was 1998 and Russia was on the verge of gaining investors' confidence when oil tumbled to nearly $US10 a barrel.

Wall Street's Mr Risk thrives on traders' ignorance of politics 1469881337227

Foreign creditors dismissed talk of a collapse. Russia had the money to pay its debts, they said, and it wouldn't sacrifice its credibility. Then-President Boris Yeltsin's appointment of a young reformer to manage the crisis was proof.

http://www.smh.com.au/business/markets/wall-streets-mr-risk-thrives-on-traders-ignorance-of-politics-20160727-gqfeld.html
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