quiet-the-power-of-introverts-in-a-world-that-cant-stop-talking-susan-cain

representing a bank considering buying
a portfolio of subprime mortgage loans
made by other lenders. My job was to
perform due diligence—to review the
documentation to see whether the loans
had been made with the proper paperwork.
Had the borrowers been notified
of the interest rates they were slated to
pay? That the rates would go up over
time?
The papers turned out to be chockfull
of irregularities. If I’d been in the
bankers’ shoes, this would have made
me nervous, very nervous. But when
our legal team summarized the risks in
a caution-filled conference call, the
bankers seemed utterly untroubled.
They saw the potential profits of buying
those loans at a discount, and they
wanted to go ahead with the deal. Yet
it was just this kind of risk-reward miscalculation
that contributed to the
470/929