Wasn't sure which thread to put this in so I thought I'd start one.
http://vimeo.com/7089701
So, are derivatives all bad, or just expanded to the point of disaster?
Also, look up
bucket shops on Wiki.
Congress superseded all state 'bucket shop' laws with the
Financial Securities Modernization Act of 1999. It also repealed Glass-Steagal, and probably other Depression-Era laws put there for a good reason.
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