I happened to be working at Bache when it was nearly bankrupted by the Hunt Brothers Silver Crisis. (Prudential stepped up and rescued Bache.) So one might think I would be aware of the Chinese factor, but I was not. Thanks for sharing.
I happened to be working at Bache when it was nearly bankrupted by the Hunt Brothers Silver Crisis. (Prudential stepped up and rescued Bache.) So one might think I would be aware of the Chinese factor, but I was not. Thanks for sharing.
I would love to hear your story! I read about the Chinese aspect in a long article in the Wall Street journal that detailed how the Hunt brothers’ plan should have worked, but didn’t. It stuck in my mind that the best laid plans of mice and men can be undone by these big cultural changes in other countries that never even cross your radar.
I happened to be working at Bache when it was nearly bankrupted by the Hunt Brothers Silver Crisis. (Prudential stepped up and rescued Bache.) So one might think I would be aware of the Chinese factor, but I was not. Thanks for sharing.
I would love to hear your story! I read about the Chinese aspect in a long article in the Wall Street journal that detailed how the Hunt brothers’ plan should have worked, but didn’t. It stuck in my mind that the best laid plans of mice and men can be undone by these big cultural changes in other countries that never even cross your radar.