Go to Minute 15 to hear this distressed assets investor bragging about forcing the Irish taxpayers to pay for his speculative bets on distressed junior bonds from BofI:
http://www.zerohedge.com/news/2013-01-22/teppers-balls-wall-reappear-lead-explosion-greatness
You wanted to see those 'investors' who have 'confidence' in Ireland? There's one. He got burned by Russians in a similar setting, but, what the hell, Irish Government conveniently made sure same didn't happen to him here. He was made whole on his exceptionally speculative bet.
2 comments:
Liked your description ...’distressed’ assets investor! ..and wasn’t he arrogant?
Distressed isn’t the word for US, the unfortunate Irish taxpayers ...
Thank you for that link Dr. Gurdgiev, - and I really must learn how to tweet ...
Bea.
My God, finally a face to the "bondholder" and what a fat, meglomaniac face it is.
Fevered ego's like this get showered with riches so they can purchase another $2000 handbag for their vacuous wives while home help gets cut in Ireland.
I just threw up into my mouth.
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