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"You're multiplying when you should be dividing."
Perhaps you're missing my point. The hedge funds are allowed to borrow against the securities. An interesting development since in essense they've resold them... but I degress They then use the borrowed money to invest ON MARGIN.
Lot's of articles on how it's done. Would you care for some links?
I get the feeling that you really aren't grasping whats going on. I'm only trying to point this stuff out.
But.... You multiply
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