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To: 4rcane
Same with derivatives trading. Taking the value of a security and hedging on it several times over is criminal in my book.

Who ever decided this was legal/ethical....Vegas?

23 posted on 08/27/2009 4:33:25 AM PDT by wolfcreek (KMTEXASA!)
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To: wolfcreek

well the derivative thing should be illegal because its like offbook accounting. Didn’t Enron get in trouble because of it?


24 posted on 08/27/2009 11:05:26 AM PDT by 4rcane
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