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UNITED AIR LINES TO LAY OFF 950 PILOTS
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June 28th 08, 08:21 PM posted to rec.aviation.piloting
Mxsmanic
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UNITED AIR LINES TO LAY OFF 950 PILOTS
writes:
Far from being "worthless paper", a futures contract is a binding
contract to take delivery of a real product at a specified price.
It's the price that makes it gambling.
Mxsmanic
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