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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Henry Volquardsen who wrote (209)9/26/1998 9:22:00 PM
From: robnhood  Read Replies (1) of 2794
 
Hi Henry,,

<< As I said
in an earlier post it does not appear that the nature of their trades themselves were
that risky. It appears to have been the mind boggling leverage that got them. >>>

Wasn't one of the reasons given to explain the 29 crash,, "margin was too easy"?

Let me see now,, 2.5 billion gets you 1.25 trillion

russell
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