Front Running A Systemic Market Crash: PPT Style
Read the full article: http://www.gamingthemarket.com/2008/07/front-running-systemi...
Latest figures from the Bank of International Settlements: $8.3 trillion of real money is controlling $313 trillion in derivatives. That's 38 to 1 leverage. If there's a fire-sale in hedge funds or derivatives, there's nothing the Plunge Protection Team or the Federal Reserve will be able to do to stop a meltdown. The market will crash leaving nothing behind.
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