Originally Posted by
JamesBond
Yeah Ijust started watching 'The Smartest Men in the Room'. Mark to Market accounting. wow.
Other good ones but only based on real stories, not documentaries. Boiler Room and The Big Short. To a lesser degree entertaining but also Too Big to Fail and Margin Call. Inside Job is next on my list, anyone seen it?
All this angst over a 17% margin, still better than last year by far but not the 21% they were hoping for. (by design IMO) In 2012 a 5% margin was considered health and a win. Before now we have never seen a 17% margin. If you would have said these numbers during the C2012 negotiations, you would have been laughed out of the room. Perspective is all I ask.