Raptors
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Nov 29, 2022 by David Rosenthal · across every show →
Everything said about Raptors, oldest first
Nov 29, 2022 negative
Enron's Raptor hedges were collateralized by Enron's own stock
“The Raptors, I believe, were hedges, intended to be hedges on some of Enron's investments, but the actual mechanism and the underlying collateral that they used for the hedge was Enron's stock itself. So they became this, like, massively toxic, like, they didn…”