While the world was at peace — before the financial crisis, war in Eastern Europe, and chaos in the Middle East — Wall Street’s masters of the universe could keep geopolitics in the recesses of its mind. No more. Now global unrest has become the central worry of bank executives and hedge fund billionaires alike. It’s the new uncertainty slipping into conversations even when money isn’t necessarily at play. “Greece is a more a humanitarian issue than an economic one,” said Mary Callahan Erdoes, JP Morgan Asset Management CEO, at CNBC’s Delivering Alpha Conference on Wednesday. But on a panel …read more
Source: Business Insider
