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Very true, I forgot that margin loans weren't fixed rate either. And yes the BBD people have special arrangements with the banks because they are borrowing huge
by EPWN3D 2y ago
Very true, I forgot that margin loans weren't fixed rate either. And yes the BBD people have special arrangements with the banks because they are borrowing huge amounts of money against huge amounts of stock (and have probably agreed to a selling schedule). As with most things, it gets easier when you're ultra-wealthy.