[catfish1957]

I am a derivatives trader and you are ignorant about the topic. Anything else I were to say about your post would lack charity so I will end my reply now.

I am well versed on financial matters, and have invested successfully for 35 years. Why don't you enlighten us rather than insult other Freepers? I have concerns that capitalization only covers a tiny fraction of liabilities too. In some circles they call that a Ponzi scheme.

[impimp]

You don’t want me to insult my fellow Freepers? Why not insult them? They are talking about stripping away my family’s income like a bunch of brownshirts. I don’t owe them an explanation about why derivatives are a massive benefit to the US economy any more than they owe me a justification for their professions.