Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: maceng2 who wrote (423171)	1/30/2013 12:51:13 PM
From: LLCF	3 Recommendations Read Replies (1) of 436258

He clearly doesn't know what happened during the meltdown... it was exactly because of the counter party risks of derivatives trades among all the large banks that Bush bailed them out. What planet is that guy on? They're NOT COMPLICATED? ROFLMAO!! Then why don't they trade on an exchange like regular calls and puts?? What a fool. As far as wild gambles... sure... they are used to transfer risk.. which of course IS A BET... so "wild" is in the eye of the beholder... let him explain whether or not AIG used them "wildly"... or "just transferred risk"! LOL DAK

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