Honour
Martin Wolf, quoting Mervyn King, writes in the FT:
'My word is my bond' are old words: 'My word is my CDO-squared' will never catch on.He's right, but it is a shame. After all, we need a convenient shorthand for 'My word is badly structured and likely to lead you into trouble'.
Labels: CDS
0 Comments:
Post a Comment
<< Home