Re:Robinhood is said to draw on bank credit lines amid tumult
by rswail on Friday January 29, 2021 @03:36AM
(#25955308)
Lehman and Bear Stearns went out of business in 2008.
The mountain of derivatives that they were one of the parties to netted out at zero, but in the process, a lot of people got burnt, including the ultimate mortgagees.
The share market and its derivatives net to zero. It's a mechanism for getting capital flowing between investors and producers.
The mountain of derivatives that they were one of the parties to netted out at zero, but in the process, a lot of people got burnt, including the ultimate mortgagees.
The share market and its derivatives net to zero. It's a mechanism for getting capital flowing between investors and producers.