To: bruinbirdman
This article is more proof that the minimum margin requirements for trading in commodities is just too low--my guess is that the traders at the hedge fund did it with an MMR of 5%. That's why my suggestion for real financial system reform we need to impose a 15% rate, which would discourage the type of wild price swings that caused the price of rice and crude to rocket to record heights in 2008.
22 posted on
07/17/2010 3:01:01 AM PDT by
RayChuang88
(FairTax: America's economic cure)
To: RayChuang88
I’m with you on margin requirements, but in this particular case they’re taking delivery.
50 posted on
07/17/2010 5:28:12 AM PDT by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
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