ML - The way the world works - analyzing how things work

What went wrong with orange county’s derivatives trades


Listen Later

Orange county misread the credit market trend and experience massive losses and bankruptcy from a derivatives collapse. $1.6 billion upside down in trades, no exist, panick, forced restructuring. Buying and selling derivatives is gambling. Someone is a winner and someone is a loser. Some of the biggest users of derivatives are government sponsered enterprises (GSE): Fannie Mae, Ginnie Mae, and Freddie Mac.
...more
View all episodesView all episodes
Download on the App Store

ML - The way the world works - analyzing how things workBy David Nishimoto

  • 3.1
  • 3.1
  • 3.1
  • 3.1
  • 3.1

3.1

17 ratings


More shows like ML - The way the world works - analyzing how things work

View all
Exchange Traded Fridays by etf.com by etf.com

Exchange Traded Fridays by etf.com

14 Listeners