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dav1234

04/09/13 3:21 PM

#244701 RE: oldberkeley #244699

Agreed..shorts are generally more informed..more research need to hold a short more than a few days/hours..

dav1234

04/09/13 3:21 PM

#244702 RE: oldberkeley #244699

BofA analyst Athanasios Vamvakidis says the ECB should retire the €500 note. Some argue that as much as 90% of the bills are held by organized crime. In theory then, the ECB could set a deadline for all €500 notes to be either deposited or exchanged upon proof of legitimate acquisition. Presumably, the ill-gotten portion would not be redeemed, would become worthless, and the difference between the bills that were not redeemed and their original face value would be a profit for the central bank.


Lmao