To: achilles2000
Do not be stupid, you were the one that said we had always had derivatives, so prove the man is wrong.
14 posted on
10/23/2011 10:49:34 AM PDT by
org.whodat
(Just another heartless American, hated by Perry and his fellow demorats.)
To: org.whodat
A derivative is just a financial instrument based on another financial instrument. So, for example, any option is a derivative. New derivatives have appeared in the last three decades, but derivatives are nothing new.
Now, go read a book.
15 posted on
10/23/2011 10:58:05 AM PDT by
achilles2000
("I'll agree to save the whales as long as we can deport the liberals")
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