I doubt the possibility of going debit was in the powerpoint presentation. Is that really the issue? I doubt the first paragraph read, "how to go debit in two easy steps".
take a look at octane. think they don't do proper DD? there is more here than meets the eye, in my opinion. surf
furhermore, it seems to me, that given a little more time with these alleged positions, VN would have had another fantastic year to add to his impressive record. there are many questions to ask, just scratching the surface. surf ace
Rumors you're attempting to pass as fact. The CME raises reqs with vol. VIX went from 10 to 37 in less than two months time. Only a complete amateur would expect haircuts to remain the same. NOBODY with any risk-control would allow their fund to implode on a doubling in exchange reqs. Did the cabal force Vic to increase his risk in going long futures?
is VN an amateur? are you saying his team is a lightweight?? are you sure that is what occured exactly?? is my saying these are rumours passing them off as facts?? surf
I have the info here. My brother was with Vic in 1997 and the current Octane funding, winning the Darwin Award. I have asked to get a copy of Vic's promo materials. From talking with my brother, the current Octane-led group were told adequate risk-controls were in place.
I would consider anyone adding futures to a NUCLEAR option position a dilettante, yes. This broken-record cabal-bullshit is getting beyond tiresome. Swap haircuts went up 3-4x. Your argument simply isn't reasonable nor logical.
ok. how do you know this is what occured? and if it did, the reasoning behind it?? have you considered that perhaps it was an FOF doing a redemption at the worst possible time that forced the situation? once again, this is simply a hypothesis. thanks, surf