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Re: [RT] Derivatives



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>>  Before you kill derivatives go try to get a mortgage or buy a foreign car.
>>  Look at the fiasco in California electricity .... some speculators who
>>  didn't figure out they were speculators.... lost tons of money.  Some
>>  speculators made tons of money.  

>>  You will always have big losers and winners as long as risk occurs.

in other words:

     "derivatives don't lose money -- *people* lose money."

a message from the NDA (national derivatives association).

- *lk


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