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To: Terry Maloney who wrote (423167)1/30/2013 10:55:14 AM
From: maceng22 Recommendations  Read Replies (2) | Respond to of 436258
 
what exactly is the urban myth about derivatives?

That they can explode.

The urban myths that is -g-

Basically his points were

Explode myth (1). They are wild gambles. In fact useful to transfer risk.

Explode myth (2). They are complicated. At first glance yes but a product that crosses many boundaries.

Explode myth(3). Lots of crooks involved. Some evidence, but we now have Emir and Frank Dodd.


I remain a bit unconvinced. Whats to stop a kook tossing a risk thats about to explode on some unsuspecting party and then says... markets are unfair ? That can happen on a global scale. The regulations are a bad joke as far as I can see.

btw He made another video saying markets are unfair so regulations are not useful. Unfairness exists.



To: Terry Maloney who wrote (423167)1/30/2013 4:29:41 PM
From: Broken_Clock  Read Replies (1) | Respond to of 436258
 
funny, the other day there was an article below

try this for videos
tabbforum.com

both sides now? i really don't know derivatives at all? -g-

Joni Mitchell Both Sides, Now Lyrics

Songwriters: MITCHELL, JONI
Bows and flows of angel hair
And ice cream castles in the air
And feather canyons everywhere
I've looked at clouds that way

But now they only block the sun
They rain and snow on everyone
So many things I would have done
But clouds got in my way

I've looked at clouds from both sides now
From up and down, and still somehow
It's cloud illusions I recall
I really don't know clouds at all

Moons and Junes and Ferris wheels
The dizzy dancing way you feel
As every fairy tale comes real
I've looked at love that way

But now it's just another show
You leave 'em laughing when you go
And if you care, don't let them know
Don't give yourself away

I've looked at love from both sides now
From give and take, and still somehow
It's love's illusions I recall
I really don't know love at all

Tears and fears and feeling proud
To say "I love you" right out loud
Dreams and schemes and circus crowds
I've looked at life that way

Oh but now old friends are acting strange
They shake their heads, they say I've changed
Well something's lost but something's gained
In living every day

I've looked at life from both sides now
From WIN and LOSE and still somehow
It's life's illusions I recall
I really don't know life at all

I've looked at life from both sides now
From up and down and still somehow
It's life's illusions I recall
I really don't know life at all