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News@lemmy.world · 1 month ago

Goldman Sachs Head During Financial Crisis Says He "Smells" a Similar Crash Coming

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Goldman Sachs Head During Financial Crisis Says He "Smells" a Similar Crash Coming

return2ozma@lemmy.world to

News@lemmy.world · 1 month ago

cross-posted to:
fuck_ai@lemmy.world

To Lloyd Blankfein, who led Goldman Sachs through the 2008 subprime mortgage crisis, it's reasonable to prepare for a "reckoning."

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1 month ago
Buying puts is paying people who are selling covered puts for income, in other words who own the stocks and are counting on them not going down

Usually big funds, they don’t need your sympathy

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