So try us! In the long run, we're all dead. John Maynard Keynes
(anciens.)
? Fai de bèn a Bertrand, te lou rendra en cagant
Yeah, I know, if the option comes into the money, they may have to top up their reserve against the option (I know it works that way with futures contracts) ... but that only helps me up to the point they go belly up. That's exactly when the call option is going to be giving the biggest windfall gain. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
Wasn't aware they were still calling the US currency "dollars" anymore in order to avoid confusion with actual hard currency like AUD or CDN or HKD btw.
In my finance circles it's refered to as the NAP, or New American Peso.
Probably take awhile before this filters down to the folks at FT. Fai de bèn a Bertrand, te lou rendra en cagant
The A$ was, of course, created at 10 shillings to the dollar, so older folks call a A$0.10 coin a shilling. And a penny was original 1.2 pence ... but I never heard anyone call a penny anything, since they phased pennies out before I arrived.
And the US$ is still a harder currency than the Jam$, Bajan$ or EC$, so there, too. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
