A blog by a former physicist on anything worth considering.
Monday, November 14, 2011
Piu' che la legge, pote' lo yield
To all those claiming that capital markets are wild places that serve no constructive purpose, I reply, look at Berlusconi. As I write this I am not sure if he will ever come back, but the markets managed with merciless strength to dislodge someone that had up to now played the legal system like a fiddle. As much as we we hope for the absolute fairness and objectivity of the law, there is nothing as objective as a two way price.