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Non-Tech : MB TRADING

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To: Dan Swartzendruber who wrote (2048)11/20/1998 11:28:00 AM
From: Colin Cody  Read Replies (1) of 7382
 
Yes the automatic margin shut-down to save us from a bad mistake is a great idea.

Yesterday on CNBC they mentioned a trading clerk who pressed the wrong button in the morning on his desktop -- and the firm LOST $17,000,000 while unwinding the trade. There goes that guy's year-end bonus! (g)

Colin
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