aquart
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Wed Sep-17-08 06:21 PM
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Any chance we can outlaw derivatives now? |
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Just a pet dream of mine.
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Boojatta
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Wed Sep-17-08 06:23 PM
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1. Derivatives are popular because they're easy to compute. |
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It's more likely that they'll outlaw integrals.
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lapfog_1
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Wed Sep-17-08 06:23 PM
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2. I'd be happy if they simply stopped the "swap in kind" crap. |
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But my dream is that they simply repeal all of the deregulation passed in the last 28 years.
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AlCzervik
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Wed Sep-17-08 06:23 PM
Response to Original message |
3. what about my coffee futures! |
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i keed, keed.
I cannot picture the day when derivatives are gone.
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Xipe Totec
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Wed Sep-17-08 06:24 PM
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4. No, but we could move the stock exchange to Vegas |
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at least there, people would know what they should expect.
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aint_no_life_nowhere
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Wed Sep-17-08 06:26 PM
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5. I don't know much about them |
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but from what I've heard, they are whisps of smoke that are being used in the place of cold hard real money. Have we become a society that just moves money around and, more and more, the mere fictional representation of money around? Why aren't we producing actual things anymore instead of just shifting capital around and taking a piece of it on each transaction?
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slackmaster
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Wed Sep-17-08 06:26 PM
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6. As long as proper disclosures are made |
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What's wrong with derivatives?
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jpgray
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Wed Sep-17-08 06:29 PM
Response to Reply #6 |
7. Warren Buffet called them "time bombs" and "financial weapons of mass destruction" in '02 |
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I'm curious if you think you know better?
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slackmaster
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Thu Sep-18-08 10:22 AM
Response to Reply #7 |
8. A lot of people have made money off them since '02 |
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I'm curious if you think you know better?
In what way is that thinly veiled insult responsive to what I wrote in my initial reply?
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DU
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Wed May 08th 2024, 09:28 AM
Response to Original message |