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


To: Ilaine who wrote (34978)11/1/1998 11:02:00 AM
From: Tommaso  Read Replies (1) | Respond to of 132070
 
I guess I was most interested in the idea that major banks may be at great risk by having financed balanced positions in the belief that they will be able to meet their obligations when the holders of the losing positions pay what they owe.

Perhaps there are better--more lucid and logical--explanations of the risks that supposedly hedged positions offer.



To: Ilaine who wrote (34978)11/1/1998 11:42:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Coby, You raise some interesting points. The 1790 to 1941 example is a good one. A radio cost the same in 1790 as it did in 1941? How about an airplane? Or even a car? Something like that isn't apples and oranges, it is apples and baseballs.

MB