Sentences with phrase «derivatives as gambling»

Much as he criticized derivatives as gambling, he was willing to take an intelligent bet where his downside was limited.

Not exact matches

Tax cuts on wealth are promoted as if they will be invested rather than used to pay the financial sector more interest or be gambled on currencies and exchange rates, interest rates, stock and bond prices, credit default swaps and kindred derivatives.

Canada has also asked that companies be given WTO enforceable rights to trade in derivatives, which has been described as a high - octane form of financial speculation similar to gambling.

Known as the «London Whale» saga for risky gambles in derivatives in London, the bank was the subject of an intense investigation by the U.S. Senate's Permanent Subcommittee on Investigations.

In 2012 JPMorgan Chase was caught gambling in exotic derivatives in London in a scandal that became known as the «London Whale.»

Too many investors think of options trading as gambling, or an exotic derivative that only Harvard and M.I.T. mathematicians can understand.

Way too many investors think of options trading as gambling, or an exotic derivative that only Harvard and M.I.T. mathematicians can understand.

There is a booming trade in «weather futures,» allowing companies and banks to gamble on changes in the weather as if deadly disasters were a game on a Vegas craps table (between 2005 and 2006 the weather derivatives market jumped nearly fivefold, from $ 9.7 billion to $ 45.2 billion).