When banks created derivatives that could only be fairly valued by the bank, with 5% profit margins built in, it got them a trip to Congress.
SGPs have margins that would make options traders blush and were sold to people with no financial sophistication whatsoever. These things turn your phone into a vampire, and have no socially redeeming value. Please ban them!
SGPs have margins that would make options traders blush and were sold to people with no financial sophistication whatsoever. These things turn your phone into a vampire, and have no socially redeeming value. Please ban them!