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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (522927)10/23/2009 12:05:32 PM
From: bentway  Read Replies (1) | Respond to of 1584153
 
"Under the lax standards in effect, investors could plunk down a small fraction of a stock’s value and borrow the rest."

In 1929, you had to have 10% of the money you were actually playing with. We've fixed that in the current market available to the public.

But, there's STILL another market that hasn't been fixed, the derivatives "shadow" market that the huge players play in, the sovereign wealth funds, giant hedge funds and giant insurance players.

I don't know what the leverage is there, but I know that the market is "worth" around $500 TRILLION dollars.



To: Road Walker who wrote (522927)10/24/2009 8:36:02 AM
From: steve harris  Read Replies (1) | Respond to of 1584153
 
ObamaNation: 105 banks have now failed with no end in sight...

Biden:"This Is a Depression. This Is a Depression"

Change YOU voted for...



To: Road Walker who wrote (522927)11/1/2009 7:50:58 PM
From: steve harris  Read Replies (1) | Respond to of 1584153
 
John, how's that hopie changie thing going for you?

CIT files bankruptcy, change YOU voted for...

money.cnn.com