Wrong Answer to the Right Question (guests: Russell Clark, Cem Karsan)
The Market Huddle
00:00
The Moral Hazards of Clearinghouses
"This is a moral hazard. Like I said, the entities will do this because they look they post a four or five sharp." "I think we all know what happened with Archigos and I can name a million other things where all the big clearinghouses knew what was going on and they did anyway for short term profit," he says. Do you think that this poses a risk, has increased the chance of a, of a dramatic one-day sell-off? 'Nothing gets solved without a crisis'
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Transcript
