The charity auctioneer surveyed the crowded room as he sold the final prize - the chance to be lead sponsor at the clean-up of a local school of the winning bidder's choosing.
Three of the industry's true heavyweights were at around $1m each, when the auctioneer did the unpredicted - instead of allowing bidding to go further, he pointed in turn to each bidder. "Sold, and Sold, and Sold."
Three million dollars to a good cause, from hedge funds, just like that.
It doesn't make what the mainstream
The week on Risk.net, December 9–15 2017Receive this by email