Indeed “the banks are too large to fail” if UBS can lose an estimated $2.3 billion and carry on. I know that’s not what the Regulators or Governments mean when they quote that phrase, but still. So where is it? If it’s a bet gone bad that means someone else has won.
On Sunday at half time during the Manchester United versus Chelsea thriller, the Reds were 3-0 up. Bet 365 offered odds of 16/1 for the scoreline to end 5-0. One minute after half-time Torres had scored for Chelsea and netted thousands of pounds for Bet 365. Continue reading “Regulation”