Depends on whether you're talking about true prop or retail prop. In a truly proprietary firm, where you are an employee of the firm, trading...
Personally I think its a bit of a stretch, but I guess time will tell. Typically irresponsible behavior goes hand in hand with negligence,...
Because not being able to meet your financial obligations, in and of itself, does not constitute fraud. Although the legal definition for fraud...
No
OMG you are such an dolt... my whole point in the original post was that McCain has been such a weak and completely inept candidate, particularly...
Usually I loathe spam, but I actually got one in my inbox this morning that I thought was sorta interesting... Maybe McCain should make this...
I've been using one of these for almost two years and so far no complaints: http://www.hotbrick.com/produto.asp?tipo=2&codPro=7 The only...
If they really want to recoup the cost of the bailout from those who are mostly responsible, why aren't they talking about levying a fee against...
Ummm... have you seen what it takes to amend the Constitution? Its not like its any small task.
By 50/50 do you mean 50% chance its bad news and 50% chance the stock will reopen lower?
I guess I should have gone with my gut instead of overthinking it... Congratulations to the original poster... nice trade :)
I actually don't know the answer so I'd be interested in getting an official answer from someone who actually knows what they're talking about....
Shareholders will be wiped out. Debt/bond holders will either be wiped out or can stand in line for their turn to talk to the bankruptcy judge.
Correct... Currently, if you purchase or lease a membership on a futures exchange you lose the 60/40 treatment and your profits are taxed as...
IF this ever got passed (big IF because I doubt it will), my guess would be that exchange members, which are the major liquidity providers, would...
You have to remember that this is actually how the FDIC works... When a bank is declared insolvent, the FDIC facilitates a purchase of depositors'...
What do you mean by "negotiation" ?
FDIC insurance only applies to banks and isn't applicable to monies kept at a broker dealer. SIPC insurance covers up to $500k in assets and...
Anyone who doesn't think that President Bush is awesome clearly has never seen "Harold & Kumar Escape From Guantanamo Bay." Not only was it...
There are probably others out there, but the only one I'm aware of is Velocity.
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