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Icyedge said:
Smashed said:
kowenicki said:
@smashed

they took a risk knowing the outcome?

They took a risk and saw the outcome. They didn't know they would lose billions of dollars, or they wouldn't have done it.

 

They surely know because they were selling at 599$ something that was costing 800$. It doesnt take university to know that your going to loose a lot of money in the short run.

this. They knew they were going to lose billions, it was obvious.

They didn't know the world economy was going to fail, but they knew they were going to lose a lot of money in any case.