Comments on: Korean banks gamble on world cup results http://londonkoreanlinks.net/2006/06/12/korean-banks-gamble-on-world-cup-results/ English language resources for Londoners (and others) interested in Korean culture Thu, 08 Jan 2009 22:08:22 +0000 http://wordpress.org/?v=abc hourly 1 By: Philip Gowman http://londonkoreanlinks.net/2006/06/12/korean-banks-gamble-on-world-cup-results/comment-page-1/#comment-113 Philip Gowman Thu, 15 Jun 2006 12:12:17 +0000 http://londonkoreanlinks.net/2006/06/12/korean-banks-gamble-on-world-cup-results/#comment-113 There's a Red Devil Reserve product launched by Hana Bank in 2003. Hana have made generous donations towards the team's travel costs. Thanks to Soyang for this bit of information. There’s a Red Devil Reserve product launched by Hana Bank in 2003. Hana have made generous donations towards the team’s travel costs.

Thanks to Soyang for this bit of information.

]]> By: Philip Gowman http://londonkoreanlinks.net/2006/06/12/korean-banks-gamble-on-world-cup-results/comment-page-1/#comment-105 Philip Gowman Tue, 13 Jun 2006 17:24:44 +0000 http://londonkoreanlinks.net/2006/06/12/korean-banks-gamble-on-world-cup-results/#comment-105 I raised the question of how to hedge such products with a market risk boffin. His response was that this is idiosyncratic risk and there are no indices you could use to hedge. Idiosyncratic risk seems to be as good a euphemism for gambling as any. I raised the question of how to hedge such products with a market risk boffin. His response was that this is idiosyncratic risk and there are no indices you could use to hedge. Idiosyncratic risk seems to be as good a euphemism for gambling as any.

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