If you never saw this in the Fall of 2007, its good to see who is calling the markets correclty! more about "How the markets really work (from 2007)", posted with vodpod
Surely, this can not be the line of reasoning when financial market instruments are analyzed and investment decisions are made in the City, Wall Street, Frankfurt, Tokyo, Hong Kong and elsewhere. Can it? Is it?
John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.