NEW YORK — Piper Sandler issued invoices Tuesday charging investors a 'volatility facilitation fee' for its own Strait of Hormuz crisis report. The bank argues causing market panic required significant internal resources. "We created the problem, so we must monetize the solution," said Head of Energy Strategy Mark Davids. "The anxiety is billable at standard hourly rates."
⚠️ Satirical article. Expert quotes are fictional.
Piper Sandler Begins Billing Clients For Global Instability It Predicted
Expert Weighs In
“We created the problem, so we must monetize the solution. The anxiety is billable at standard hourly rates.”
⚠️ Satirical article. Expert quotes are fictional.
