Reply to post: Re: it's gambling.

Re: it's gambling.

I occasionally wondered about just that. What's to stop the CEO of a 'too big to fail' bank from going to the casino and betting the bank's float on 23 red? If it works, the CEO made a masterful investment and gets a bonus. If it loses, the bank gets a government bail-out (and the CEO probably gets a bonus anyhow for their skills in negotiating with the government).

Heads I win. Tails you lose.