News

Wall Street’s latest poison: Leveraged EFTs

Just as Wall Street created products to participate in the housing boom (subprime mortgages, mortgage backed securities, credit derivatives), the industry now has triple leveraged ETFs to satisfy the public’s gambling appetite.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

Where Will All the Money Go?

The Federal Reserve wants to be perceived as coming to the economy’s rescue, but the ...