Naturally, any product that can allow participants infinite leverage is something that all "sophisticated" market participants not only know about, but abuse on a regular basis. The fact that this "unfractional repo banking" is at the heart of the unregulated $71.2 trillion shadow banking system, the less the general public knows about it the better.
- Vaccine Education Summit
- Bitcoin Summit
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
It does however have a notable sidebar which explains the magic of "(un)fractional repo banking" - a topic made popular in late 2011 following the collapse of MF Global - when it was revealed that as part of the Primary Dealer's operating model, a core part of the business was participating in UK-based repo chains in which the collateral could be recycled effectively without limit and without a haircut, affording Jon Corzine's organization virtually unlimited leverage starting with a tiny initial margin.
Additional Related items you might find interesting:Related items:
News Link • Saudi Arabia
News Link • Health and Physical Fitness
News Link • Drug War
News Link • Events: America