Globalized Finance

It is interesting to find a well known G-SIFI (Global Systemically Important Financial Institution) being described as:

a London based hedge fund, headed by a rajestani, masquerading as a German bank

In all fairness, the description is perhaps partly facetious and in any case, I doubt whether this G-SIFI is either as globalized or as important as the Rothschilds (another Anglo-German combination) were in their heyday.

If you are keen to verify your guess of the identity of the G-SIFI in question, goto this dealbreaker.com story, scroll down to the comments, and read the comment of Edmond Dantes, from which the above quote is taken.

Posted at 8:37 pm IST on Fri, 23 Mar 2012         permanent link

Categories: banks

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