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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Thomas M. who wrote (65143)7/23/1999 9:02:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Tom, Which is why not everyone jumped out of windows. <g>



To: Thomas M. who wrote (65143)7/23/1999 10:25:00 PM
From: JF Quinnelly  Respond to of 132070
 
We've all heard that in '29 you could borrow 90% on margin, and that this helped cause the crash. I've read that this wasn't the case at all, that in fact margin requirements were tighter in '29 than they are today; the 10% down rule applied only to a very small number of new issues.