SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (209)9/26/1998 9:22:00 PM
From: robnhood  Read Replies (1) | Respond to of 2794
 
Hi Henry,,

<< As I said
in an earlier post it does not appear that the nature of their trades themselves were
that risky. It appears to have been the mind boggling leverage that got them. >>>

Wasn't one of the reasons given to explain the 29 crash,, "margin was too easy"?

Let me see now,, 2.5 billion gets you 1.25 trillion

russell



To: Henry Volquardsen who wrote (209)9/27/1998 4:28:00 AM
From: Hal Ford  Read Replies (1) | Respond to of 2794
 
Do you think it is possible that the senior executives and internal auditors at UBS et al did not really know how much they had at risk from their traders? Do they know now? This seems to have caught these folks off guard.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News