frank miller

David Morris fqmorris at gmail.com
Wed Nov 30 08:25:20 CST 2011


On Tue, Nov 29, 2011 at 8:01 PM, Robert Mahnke <rpmahnke at gmail.com> wrote:
> Not to say (not at all) that they have no downsides -- they allow financial
> institutions to greatly increase their leverage, with massive systemic risks.

Nice explanation.  The problem isn't derivitives.  It's the over leveraging.



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