Business Insider -
9 Feb 2015 17:09

Danish bank Saxo Bank is taking a hard line on its foreign exchange customers who placed what turned out to be wrong way bets on the Swiss franc last month, reports The Wall Street Journal. And while the bank is trying to recoup $100 million in losses, its reasoning is largely philosophical. According to The Wall Street Journal, Saxo's operating philosophy takes its lead from Ayn Rand: Saxo promotes a vision of individual responsibility free from government intrusion. The firm hands out co...
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