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TheCoolinator TheCoolinator is offline
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Old May 10th, 2010, 11:13 AM       
I heard that they reason why it fell was because a Hedgefund busted and all of those worthless derivatives were shown to the market.

Proctor and Gamble's derivative dabbling took their stock from 60 to 30.

I wonder how many more will succumb to this derivative mess.
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Colonel Flagg Colonel Flagg is offline
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Old May 10th, 2010, 12:41 PM       
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Originally Posted by TheCoolinator View Post
I heard that one of the hedgefunds blew out and that's why the market dropped so fast.
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Originally Posted by TheCoolinator View Post
I heard that they reason why it fell was because a Hedgefund busted and all of those worthless derivatives were shown to the market.
No need to state your theory twice, we all read it the first time.

Except maybe you?
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TheCoolinator TheCoolinator is offline
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Old May 10th, 2010, 01:13 PM       
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Originally Posted by Colonel Flagg View Post
No need to state your theory twice, we all read it the first time.

Except maybe you?
lol, whoops.

Sorry, I don't pay too much attention to this thread. I probably should of said "Now I know for sure" that a hedgefund blew up and leaked there derivative debts onto the market hence the drop.
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Evil Robot Evil Robot is offline
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Old May 10th, 2010, 12:55 PM       
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Originally Posted by TheCoolinator View Post
I heard that they reason why it fell was because a Hedgefund busted and all of those worthless derivatives were shown to the market.

Proctor and Gamble's derivative dabbling took their stock from 60 to 30.

I wonder how many more will succumb to this derivative mess.
Yeah fuck that shit. We should abandon the stock market so nobody can raise money for large projects and just go back to trading beads for pieces of cloth.
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