Author: Virgil Bierschwale
Posted: 2010-04-28 at 14:24:54
I realized that yesterday watching goldman sachs on cnbc.
they have absolutely zero realization of what they are doing.
no remorse, nothing
for those of you not familiar with the stock market.
if you buy or sell a stock, you actually own something tangible
if you buy an option, somebody owning that stock has to agree to
transfer that stock to you if you exercise your option.
if you sell an option to somebody, you must own that stock and you agree
to transfer it to the buyer if they exercise their option.
now derivatives.
you own NOTHING
On 4/28/2010 1:00 PM, Michael Madigan wrote:
> It seems that basic ethics and morals have not been taught for at least a generation, so anything can happen now.
>
> --- On Wed, 4/28/10, Virgil Bierschwale<vbiersch@ktc.com> wrote:
>
>
>> From: Virgil Bierschwale<vbiersch@ktc.com>
>> Subject: Re: *** SPAM ***[OT] Chinese accused of vast trade in organs
>> To: "ProFox Email List"<profox@leafe.com>
>> Date: Wednesday, April 28, 2010, 11:25 AM
>> That's part of why I do my website as
>> I too ha?e concerns about where we are headed
>> Sent from my BlackBerry