especially if it's someone elses money. And that's 80 Billion NET VALUE!. They were claiming adding complexity to straight financial contracts makes the business more 'efficient'. That was a good one LOL.

The development of future/forwards/options to eliminate certain unwanted risks made sense, adding a lot of artificial complexity to simple contracts was mainly a way to fool themselves and others.

That being said, a lot of that money others paid for by taking on hidden risk ended up in their pockets.