Suppose The chain of events which led to the collapse of Barings, Britain's oldest merchant bank, is a demonstration of how not to manage a derivatives operation.
Can we infer that "Barings, Britain's oldest merchant bank once had the opportunity to purchase the Thirteen Colonies, but declined as they thought they had no future."? Yes, no, or maybe?
Suppose The chain of events which led to the collapse of Barings, Britain's oldest merchant bank, is a demonstration of how not to manage a derivatives operation. Can we infer that "Barings, Britain's oldest merchant bank once had the opportunity to purchase the Thirteen Colonies, but declined as they thought they had no future."? Yes, no, or maybe?