Robert Citron Leverages Up
Lecture no. 68 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 07 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Investigate Orange County Treasurer Robert Citron’s tactic of using repo agreements to borrow two dollars for every dollar invested by the county—and using those dollars to buy more bonds.