[FoRK] The World Is Not Flat

J. Andrew Rogers andrew at ceruleansystems.com
Tue Jan 19 14:47:39 PST 2010

On Jan 19, 2010, at 2:00 PM, Ken Ganshirt @ Yahoo wrote:
> Arbitragers are all scoundrels. 

These scoundrels reduce logistical costs.  If the customers didn't benefit they wouldn't work with the "scoundrels", opting to work with the asset owners instead.

These arbitragers are generating value the asset owners left on the table and are delivering that value to customers.

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