Quote:
Originally Posted by Buehler445
Basically he bought and/or sold contracts on the futures market. And then they went the other way, meaning his position lost money. He had to lose everything to make the margin call.
Think of it as you buying a contract of corn (5,000 bu) at $6. Then the price goes down to $5.00. You now owe $1,000 to the brokerage. That's what Bane did.
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