Friday 23 September 2011

Reader's Letter Of The Day

From The FT:

Sir, Why are bookmakers apparently so much better at risk control than investment bankers?

Ian Maitland, London SW1, UK.

4 comments:

Antisthenes said...

Answer, because it is their money not the tax payers.

James Higham said...

Because there are risks to them, of course.

Roue le Jour said...

Because there isn't a government funded agency supplying the prices.

Anonymous said...

Because there's a commons in credit, not in punters.

AC1