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Politics : Ask Michael Burke

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To: MulhollandDrive who wrote (65700)8/5/1999 2:10:00 PM
From: PaperChase  Read Replies (3) of 132070
 
>>. So you've got a guy with little in real assets, trying to get rich quick on borrowed money.<<

Who says you've got to repay borrowed money? If one can't pay then one goes to bankruptcy. That's called lender risk and that is why, for example, credit card companies charge 15% above treasuries.

The deranged daytrader should have been trading MU and none of this bad stuff would have happened. Sometmes daytraders need to trade nice conservative stocks like MU every now and then.
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