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With bond markets booming again, ratings agencies are back to their profitable and controversial old selves.
A panel on the mortgage securities included Joshua Birnbaum, the former Goldman Sachs trader at the center of the bank's hugely profitable and controversial negative bet on mortgages during the financial crisis.
The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance.
Similar(57)
ESA therapy had been both profitable for providers and controversial regarding benefits for nearly two decades.
And controversial.
The debate was protracted, "contentious and controversial".
Both solutions would be ugly and controversial".
Phosphorous bombs were equally deadly — and controversial.
And controversial legislation is being shelved.
In India, endosulfan is ubiquitous and controversial.
The question is both important and controversial.
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CEO of Professional Science Editing for Scientists @ prosciediting.com