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Politics : Ask Michael Burke

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To: Jeff Leader who wrote (38207)12/4/1998 6:13:00 PM
From: Knighty Tin  Read Replies (2) of 132070
 
Jeff, Brokers are whores and some of them will ignore The Printer's guidelines. Alan is afraid to raise margin rates, himself. So, if it is a voluntary deal, the true crazy speculative hedge funds will find somebody to give them full margin. In fact, most will probably do so, though they may put limits on Joe Sixpack. I see little impact in such wishy-washy nudge, nudge, wink, wink crap.

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