Steve & Squirrel #152: True University Tales, Vol. 5

Author: somnambulist

Date: September 23, 2006

by somnambulist
9-23-06
We'd like to take the money that the university allows our student club to invest for them, and use it to make trades on margin.
You do realize the consequences are bad for everyone if you get hit with a huge margin call that you can't cover, right?
Yeah, but that could never happen with a bunch of 20 year old undergraduate business majors doing the trading!
I'm sorry, I left my blind faith back at church. In 1992. Well, that, and the controller already, very sensibly, said we aren't going to let you do it.
We'd like to keep pushing anyway. Besides, what's the worst thing that could happen when you try and subvert the will of someone who just said no?
That depends. Are you referring to the disciplinary action, the lawsuit, or the restraining order?