/biz/ - Business & Finance

So basically your grandmother's pension fund loans her assets out for a small fee to someone else who buys the contract to hold those assets and gives the pension fund a small fee for it, because that dipshit leveraged up to buy them and it only costs a small amount, so that dipshit takes the pension funds leveraged assets and then loans a small part of them out to a broker or whatever for a slightly higher fee to pay back your grandmother's pension, then that dipshit takes those assets and sells them to you or holds them or whatever, so they mature a couple days and he makes some money, gives them back to the first dude, who holds them for a bit and gives them back to the pension, who then reloans even more of them now having small fee ontop of some assets. So basically 5 fuckers who want an asset that matures in a shorter amount of time have their dicks up your grandmother's pension because she just wants to sit in bonds and drink on the beach for the cheap.