BT article on Nov 22/23. 1. Last year, a man\'s stockholding of Cosco was worth $100 m. By early this year, value down by 50%. He bought more sahres on margin. Stock fell another 80%. The $100 m has been more than wiped out! 2. Another man, net worth $2-3 m. heard of a possible takeover and he bet all he had on the stock. used margin. Stock was FerroChina. Ouch! 3. Young bank officer in his late 20s, made $2-3 m on property in recent years. He put all his profits into a $10 m property and took $7 m loan. Property hard to sell now. mortgage payment of $30K a month. u know of other stories from yr circle of friends and contacts ? tell...
