Lloyd’s Losers Should Have Seen Risk
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Once again the whine of “we didn’t know there was risk” is being raised by those who invested in Lloyd’s of London (“Lloyds’s of London Under Fire,” Jan. 9). Any schoolchild knows that Lloyd’s of London was built on insuring things no one else would touch.
For someone to put money into the pool expecting a return, no doubt higher than a bank CD, then profess to be under the impression that they were not subject to risk is totally unbelievable.
All these investors should quit whining or they should just stuff their money in a can and bury it in the back yard.
DUSTIN FUNDERBURK
Costa Mesa
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