Remove Communication Remove Credit Risk Remove Math Remove Nonprofit
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Transcript: Ted Seides

Barry Ritholtz

And it got to the point where there was the potential to do this nonprofit, like charitable bet. SEIDES: And I’ll tell you a story that’s fun about the communication of it too. The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. SEIDES: Correct.