Ten Years On from The Fall of Lehman.... it's time to stop talking about Paulson, Geithner, Fuld, Bernanke et al.
It's time to look at the cause of the next one. It's hiding in plain sight.
BlondeMoney has been analysing in depth how passive investment products have created hidden leverage.
We now have the final piece of the puzzle. A trader willing and able to explain the process.
Please find below a 3 minute snippet from our interview with Kweku Adoboli. In it, he explains how "the concentration in the FANGs, that's a form of leverage . . .