News for hackers. Stuff that matters.

A comment on Do the rich need Americans?. Parent comment

Re:Do the rich need Americans? by fdghjkh on Monday February 07, 2011 @11:26AM (#2189505)
But I imagine the people buying and selling those failing bonds still took a commission
[ Parent | on HN ]
Re:Do the rich need Americans? by yummyfajitas on Monday February 07, 2011 @11:37AM (#2189539)
Assuming they were all purchased at retail prices, that was about $8/trade (typical bond face values are about $1000). (In reality, it was probably on the order of pennies.) I.e., not very much.
[ Parent | on HN ]
Re:Do the rich need Americans? by omouse on Monday February 07, 2011 @12:43PM (#2189864)
How much more money do they have than the typical employee working at one of those auto-companies? :|
[ Parent | on HN ]