Commodity trading software - Everyone concurred, particularly the banker whose bank and whose job were suddenly secure again.

Naturally the banker would never finance the dealer again. But the bank vice president realized that some bank had to finance the dealer for two reasons: (1) the dealer had to sell in order that he should have an outlet for sales of repossessed trailers resulting from purchasers who defaulted. Any dealer has these. The dealer must pay off as they default, if the bank is not to be in the mobile home business. Consequently he would have to have some bank to finance his sales; and (2) the broker wanted to get back his $38,000 which he advanced. The bank vice president and the broker devised an ingenious plan.

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[tags]commodity trading Charts[/tags]