Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
RSS available
|
|
|
|
|
Detailed market commentary at The Market Ticker and Ticker Classics
(The Year 2011 In Review) Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here. BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda) RSS available
|
||
| MarketTicker Forums Single Post Display (Show in context) |
User: Not logged on
|
| Top | Login | Control Panel | FAQ | Register | Logout |
| User Info | Would the gov pay people's mortgage?; entered at 2007-12-01 15:50:30 | |||
|
Genesis Posts: 114023 Registered: 2007-06-26 
|
The problem Jinxx is that some people made the correct bets on these securities and you're going to **** them. The problem with this is that those correct bets are, in fact, what makes a market. If you change the deal after its been done then you've added - not removed - uncertainty. This is bad for the market in general because if I can't find someone to take the other side of my trade, I can't do it at all! 2007-12-01 15:50:30
| |||