Q&A: Lenovo
Apr 18, 2012
Treasuries are full of morons
An inflammatory quote in the Financial Times generated outrage, eye rolls, and measured defence of bankers by treasurers.
"Just drop the words ‘Basel III’ and the whole conversation is very friendly and no one does the back-of-the-envelope calculation. The client doesn’t want to do simple calculations because treasuries are full of morons."
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