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Mark-to-Market Triggered This Recession; It Will Also Trigger the Recovery
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On Mar 13 06:07 AM Moon Kil Woong wrote:
. Furthermore their leveraging
> themselves 30x or so made them less like a bank and more like a casino
> broker.
Actually, casino brokers are extremely conservative in their leverage. The game is always in their favour. By law.
Mar 13 13:21 pm
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Aristophanes'
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202 comments
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On Mar 13 06:07 AM Moon Kil Woong wrote:
Mar 13 13:21 pm
|Rating:
+2
-2
All Comments by Aristophanes »Mark-to-Market Triggered This Recession; It Will Also Trigger the Recovery [View article]
. Furthermore their leveraging
> themselves 30x or so made them less like a bank and more like a casino
> broker.
Actually, casino brokers are extremely conservative in their leverage. The game is always in their favour. By law.