Trading in "Derivatives" should be banned.

Current Events » in reply to re: That'll teach 'em to invest in American financial wizardry!

David F Mayer — 2/23/2009 2:19:57 AM (archived)

They are merely BETS. They do not correspond to any actual ownership of anything, neither stocks nor bonds. Trading of "Derivatives" is just gambling with other people's money on a huge scale.

David F Mayer

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Meanwhile, back in China... - TB - 2/22/2009 9:40:41 PM
- ON NO!! Wife's Fave DOLLAR Store to Close? - carl - 2/23/2009 7:31:59 PM
- No unions to bargain for pay and benefit increases - E.P. - 2/23/2009 4:51:28 PM
- Pollution will be down... - SDAI-Tech1 - 2/23/2009 7:50:39 AM
- That'll teach 'em to invest in American financial wizardry! (n/t) - Bowser - 2/22/2009 10:21:37 PM
  - re: That'll teach 'em to invest in American financial wizardry! - Hans - 2/23/2009 1:28:42 AM
    - Trading in "Derivatives" should be banned. - David F Mayer - 2/23/2009 2:19:57 AM

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