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But I imagine the people buying and selling those failing bonds still took a commission
by fdghjkh 16y ago
But I imagine the people buying and selling those failing bonds still took a commission
- yummyfajitas 16y agoAssuming they were all purchased at retail prices, that was about $8/trade (typical bond face values are about $1000). (In reality, it was probably on the order of pennies.) I.e., not very much.
- omouse 16y agoHow much more money do they have than the typical employee working at one of those auto-companies? :|