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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: straight life who wrote (21199)3/23/2000 11:04:00 PM
From: Mike Buckley  Read Replies (2) of 54805
 
straight life,

It's not something they change very often.

If I correctly remember the list of changes, there were a lot more changes in the earlier decades than in the later ones.

in the twenties it was 10%, or so I believe.

I don't have the facts in front of me either, but I think you're remembering that you could borrow with only ten cents on the dollar, which is a 90% margin. That's one of the problems that exacerbated the Great Crash of '29. People were margined to the hilt.

--Mike
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