But the advent of derivatives concentrated risk rather than dispersing it, for there was even more money to be made by selling risk to people who did not know how to value it – or, indeed, what risks they were bearing.
Jenže nástup derivátů rizika nerozptyloval, ale spíše koncentroval, jelikož se dalo ještě víc vydělat prodejem rizika lidem, kteří nevěděli, jak jej ohodnotit – a vlastně ani jaká rizika na sebe berou.