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To: Giordano Bruno who wrote (364409)4/2/2008 7:29:40 PM
From: stan_hughes  Read Replies (2) | Respond to of 436258
 
Same as it ever was -- you just need to be in the Elite Class to be exempt from the margin call math that mere mortals must endure -- think of it in the same terms as watching those special clubbers getting whisked past the cordon in front of you on a rainy night, or celebs not having to queue up for ticket and baggage handling with the "little people"

So you may have to post margin based on last bid in a falling market, but the bigshots won't -- and if it never recovers and the bigshots remain offside, Uncle Fed will buy it

Is this a great country or what



To: Giordano Bruno who wrote (364409)4/2/2008 7:41:53 PM
From: MythMan  Read Replies (1) | Respond to of 436258
 
FASB needs to be shut down...

catch the wave.....

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