Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JMD who wrote (13250)	8/4/1998 12:09:00 AM
From: Jon Koplik	Read Replies (1) of 152472

Mike - part of what you said was ... Actually, the Fed establishes Margin Reserve Requirements which say that if Bank A loans Ramsey $1000 to buy Baseball Trading Cards, then said bank only needs to have a few hundred Super Dollars kicking around the vaults to make the loan. [don't know current requirements; haven't looked for a while] Note that the bank can merely create money; the wispy part being the difference between $1000 and their real dough in the vault. In real life, the Fed very, very rarely adjusts Margin Requirements. I think you are being "loose" with the word "margin." The Fed sets reserve requirements for member banks of the Federal Reserve System (basically, pretty much all banks operating in the U.S.) (remember, the Citicorp in London or Paris deals in Eurodollars ( not subject to reserve requirements)). The Fed also sets margin requirements for stock (and bond) trading in U.S. securities markets. Jon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next