The nature of risk ...

Doug Henwood dhenwood at panix.com
Fri Jun 12 07:40:31 PDT 1998


Jordan Hayes wrote:


>> Risktaking is a myth like Horatio Alger. They "externalize" costs
>> and risks.
>
>Tell that to George Soros, who loaned Russia "several hundred
>million" last summer. Now *that's* risk.

Not if you get a sweet deal on an imminent privatization it isn't. And I doubt that Yeltsin would ever stiff George Soros.

Doug



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