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http://boards.fool.com/folgore-my-first-thought-when-i-read-your-30536992.aspx
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| Subject: Re: Structured products? | Date: 2/11/2013 5:34 PM | |
| Author: Rayvt | Number: 34777 of 34965 | |
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folgore, My first thought when I read your original post was "Who is the counterparty?" My next thought was: Since this is a structured product, the counterparty is probably the broker who is trying to sell it. And clearly they are not bringing out a product with the goal of losing money, so they must be planning on *making* money. So they must be planning for their counterparty (that is: me, the buyer) to lose. No thanks. |
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