Arbitrage wastes the talents of finance’s finest minds – Financial Times

Aug 27th, 2014 Finance.

Arbitrage wastes the talents of finance's finest minds
Financial Times
In 1997 the late Robin Potts was asked by the International Swaps and Derivatives Association to review the new market in credit default swaps. Potts, a leading company law advocate, drew attention to the famous case of Carlill v Carbolic Smoke Ball ...

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