Maybe it's a derivatives play. You don't hear much about it anymore, but I am guessing the derivatives market is still huge compared to the underlying. If you corner the real estate market, you corner the real estate derivatives market.
It's a terrible practice. It is absurd to bust a trade and not offer to bust subsequent downstream trades. It also has the unintended consequence of drying up liquidity on stocks that are getting pounded because nobody wants to take the risk of getting caught on the opposite side.
I am...
HP is a turd.
They are discontinuing their touchpad tablets after only a month or so of being on the market. Firesale prices - $99 for 16gb and $149 for 32gb. I would have broken my vow to never to purchase another hp product, but I was too slow.
It's one thing to cut losses, but this...
"The Real "Margin" Threat: $600 Trillion In OTC Derivatives, A Multi-Trillion Variation Margin Call, And A Collateral Scramble That Could Send US Treasurys To All Time Records..."...
I am surprised anyone cares what S&P says about anything, considering their epic failures of late. The great S&P braintrust rated subprime triple-A, and (publicly) had no clue that might be a problem with that. "Oh, our ratings are just opinion..." You would think after such a monumental...
It could be argued that the wealthy utilize more of the "infrastructure" that taxation provides, so it's fair that the tax burden be greater. For example, the guy who just bought an $88 million dollar mansion in Florida has more to lose than me, who lives in a doublewide trailer in the desert...
No reason to hire an idiot teen to salt the fries when you can get an ivy-league educated MBA to do it for the same price. (slight exaggeration for the sake of emphasis, or maybe not.)
Cutting the military by 90% is a good idea, up until the one time it isn't. Just like really expensive...
Damn right. Didn't Obama say something like "you can't expect to get different results with the same people"? He is either inept, incompetent, or just a liar. Considering he has done the opposite of everything he promised during the campaign, it's hard to say who hates him most, the people who...
House 1 - Norwegian - green - Pall Mall - Coffee - Birds
House 2 - German - Blue - Prince - Water - Fish
House 3 - Brit - Red - Blend - Milk - Horses
House 4 - Dane - Yellow - Dunhill - Tea - Cats
House 5 - Swede - White - Blue Mast...