This letter is associated with the following article:
Letters
Friday, August 17, 2007 12:00 AM

Panic on Wall Street

You've heard about the home-loan bust, but do you know your derivatives from your tranches? Read Salon's easy guide to understanding the current market freakout.
By Andrew Leonard

Read other letters about this article

  • Friday, August 17, 2007 10:58 AM

    The regulations for hedge funds are quite a bit different

    Particularly when it comes to margin. In equity funds generally the margin limit is 50%. In hedge funds there really isn't any limit. They can be leveraged up to the sky. So when markets head in the wrong direction the margin exposure can be nearly 100%.

    —Anonymous

    Flag
Read other letters about this article

Most Active Letters Threads

507

Do Obama officials know what his Afghanistan plan is?

What explains the completely contradictory statements from key aides on a central plank of the war strategy?
Glenn Greenwald Read article
408

America's regression

It's almost impossible to find a nation with as many torture advocates as the U.S. has.
Glenn Greenwald Read article
332

Palin: Birthers have "fair question" about Obama

Of Obama birth, the ex-governor says, "the public is still, rightfully, making it an issue" (Updated)
Alex Koppelman Read article
124

Is my kids making me not smart?

Stay-at-home fatherhood dulls my intellect to a nub. Excuse me while I ponder the subtext of "Hippos Go Berserk"
By Aaron Traister Read article
122

Trig, the anti-abortion straw baby

Sarah Palin's son is being used to demonize pro-choicers
Tracy Clark-Flory Read article

View all »

Letters Help

Currently in Salon