After all, that's essentially what derivatives trading amounts to.
“Sounds like someone has a *severe* gambling problem.
After all, that’s essentially what derivatives trading amounts to.”
Didn’t you know that they are valuable products that provide for an efficient market./S
Any product that is not based on real value should not be allowed in any form.
Reinstate Glass-Steagall 1933. Anyone with common sense knew that when it was modified it was going to be trouble. The gamblers were out to soak the rubes just like Las Vegas. I don’t feel the least bit sorry for the high flyers on WS because were paying and they are getting their bonus checks.