Ability Quote by Bill Janklow
“What did Citibank get out of it? It got the ability to reverse the arbitrage. Actually, what they got was the ability to give themselves a profit, and that saved the bank.”
About This Quote
The quote suggests that Citibank gained a self‑profiting mechanism that prevented loss.
In simple terms: Citibank created a profit‑making tool to protect itself.
Leverage internal arbitrage to safeguard finances.
Themes
Mood
Type
When to use this quote
- corporate finance
- risk mitigation
- financial planning
Key Concepts
Questions to Reflect On
- How can self‑profit mechanisms be ethically managed?
- What safeguards prevent abuse?
The approach may encourage risky behavior elsewhere.