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From: sykora@csd2.UUCP (Michael Sykora)
Newsgroups: net.politics.theory
Subject: Re: capitalism vs. democracy???
Message-ID: <4340046@csd2.UUCP>
Date: Fri, 10-Jan-86 23:33:00 EST
Article-I.D.: csd2.4340046
Posted: Fri Jan 10 23:33:00 1986
Date-Received: Mon, 13-Jan-86 17:58:31 EST
References: <286@frog.UUCP>
Organization: New York University
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>/* berman@psuvax1.UUCP (Piotr Berman) / 12:20 am  Jan  6, 1986 */

>The futures exchange example is real: a guy in San Diego managed to loose
>upward $100,000,000 in such a scheme, and money belonged to so-called
>"sophisticated investors".  

It happens, but not often as a percentage of the number of deals
that are made.  Otherwise, deals would not be made.