Great if you win, you pocket the dime. It's what happens if you lose that worries. I don't want ET members -- me included -- forced to pony up the 100 grand on this highly levered bet. That's the playbook, isn't it?
Great if you win, you pocket the dime. It's what happens if you lose that worries. I don't want ET members -- me included -- forced to pony up the 100 grand on this highly levered bet. That's the playbook, isn't it?
The banking system is nothing more than the retail arm of the Fed. Borrow at X from the window loan it back out at X +.
None of this will change that dynamic. In fact the pendulum will just swing the other way. Someday when bankers and funds can once again get double digit returns on Treasuries they won't make a mortgage, auto or commercial credit loan to save their lives....
that "computational trust" concept was so timely. I appreciate the link - I think you just gave me the reason to pursue the next step in my business model. I have a few websites that are doing well in CA and now I going to roll the model out nationally.
You should also see the program "VENTURE" on Bloomberg TV this weekend - about Internet launching vehicle insight etc. I just finished watching it, and it was good - reruns will probably happen throughout the weekend.
