Which of the following is NOT a similarity?

Barings Bank and Orange County have many similarities.

Which of the following is NOT a similarity?
A . Both relied on a star manger, supposedly in a low risk business.
B . Both losses grew over time, but were not discovered by management until too late.
C . Both traded in illiquid and obscure markets that were easy to manipulate.
D . Both losses were eventually exposed by massive margin calls.

View Answer

Answer: C