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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Worswick who wrote (2)8/31/1998 1:13:00 PM
From: peter michaelson   of 2794
 
Clark:

How about giving us a simplified explanation of the ways in which these derivative risks could be actualized, e.g.

HK dollar goes to $10:$1US, this make a JPM investment in ___________ of $_________ decline by $______________ because ___________.

I'm a finance MBA and I forget how this all works. And I can even do my own taxes!!

Thanks, Peter
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