You know they don't understand derivaitves. They still don't have a working grasp of soap yet either.
At some point the whole derivative market should be shut down. If all they are are bets - example I bet someone a trillion dollars the Packers win the next superbowl and I lose and don’t pay, does it really matter to the economy. Sure the winner is out a trillion dollars but it’s phony. No one is really out anything.