Remove Budgeting Remove Math Remove Tax Planning Remove Treasury
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Transcript: Ted Seides

Barry Ritholtz

It’s part of their own tax planning. And what’s their budget like a fraction of it, right? So you go back a couple of years and you could say, “Well, what return is available buying a treasury?” RITHOLTZ: But some of these guys are sitting with a lot more than a billion dollars, and why not?

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Transcript: Gary Cohn

Barry Ritholtz

You’re doing a lot of math in your head on the Fly. I’m doing, I’m doing an awful lot of math in my head on the fly. Hank Paulson had left to go become treasury secretary. There’s ways around that during reconciliation for budget bills and things like that. We now had the securities business.

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