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News@lemmy.world · 3 months 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

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News@lemmy.world · 3 months ago

cross-posted to:
[email protected]

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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3 months 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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