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	<title>Comments on: Major Canadian bank misses margin call</title>
	<atom:link href="http://polizeros.com/2008/03/02/major-canadian-bank-misses-margin-call/feed/" rel="self" type="application/rss+xml" />
	<link>http://polizeros.com/2008/03/02/major-canadian-bank-misses-margin-call/</link>
	<description>Musings on politics: anti-war, global warming, peak oil and otherwise</description>
	<pubDate>Thu, 08 Jan 2009 01:38:04 +0000</pubDate>
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		<title>By: Bob Morris</title>
		<link>http://polizeros.com/2008/03/02/major-canadian-bank-misses-margin-call/comment-page-1/#comment-149727</link>
		<dc:creator>Bob Morris</dc:creator>
		<pubDate>Mon, 10 Mar 2008 11:50:41 +0000</pubDate>
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		<description>Fixed! Thanks (must have had a brain disconnect when I typed that)</description>
		<content:encoded><![CDATA[<p>Fixed! Thanks (must have had a brain disconnect when I typed that)</p>
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		<title>By: Nitpick</title>
		<link>http://polizeros.com/2008/03/02/major-canadian-bank-misses-margin-call/comment-page-1/#comment-149722</link>
		<dc:creator>Nitpick</dc:creator>
		<pubDate>Mon, 10 Mar 2008 03:21:48 +0000</pubDate>
		<guid isPermaLink="false">http://polizeros.com/2008/03/02/major-canadian-bank-misses-margin-call/#comment-149722</guid>
		<description>I hate to nitpick but your sentence should read:

"For those who may not understand the process, this means they borrowed money to purchase securities which dropped so much in value that the *lender* demanded more money as collateral."

BMO is the borrower. They were lent money by lenders.

peace.</description>
		<content:encoded><![CDATA[<p>I hate to nitpick but your sentence should read:</p>
<p>&#8220;For those who may not understand the process, this means they borrowed money to purchase securities which dropped so much in value that the *lender* demanded more money as collateral.&#8221;</p>
<p>BMO is the borrower. They were lent money by lenders.</p>
<p>peace.</p>
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