The Big Short
When Michael wanted to buy new financial swap from big banks, managers in the banks regarded him insane. Many key investors of Scion funds which Michael was running requested their money back when the revenues dropped significantly. At that point, who is
When Michael wanted to buy new financial swap from big banks, managers in the banks regarded him insane. Many key investors of Scion funds which Michael was running requested their money back when the revenues dropped significantly. At that point, who is insane and why? If you were Michael, are you confident to behave like him in persuading the investors?