Nightmares on ETN Street: When Issuers Go Bust [View article]
To be honest, I never heard in my life from ETNs.
Rather likely they are only Extra Terrestial Nono's.
Just one of those risk pumping around things and after that not expect the whole planet to blow up because 'we have world reserve status'.
Why does the article not explain what a ETN is and why it should be a valuable contribution to world finance? Has Buffet also ETN stuff and if so, why does he?
Nightmares on ETN Street: When Issuers Go Bust [View article]
Rather likely they are only Extra Terrestial Nono's.
Just one of those risk pumping around things and after that not expect the whole planet to blow up because 'we have world reserve status'.
Why does the article not explain what a ETN is and why it should be a valuable contribution to world finance?
Has Buffet also ETN stuff and if so, why does he?