The next bad bet might be lurking — and we got a glimpse [MSN Money]
ProShares Equities for Rising Rates ETF (EQRR)
US:NASDAQ Investor Relations:
proshares.com/funds/eqrr.html
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Source: MSN Money
Replay Video UP NEXT 1 Cancel SETTINGS OFF HD HQ SD LO VIX Under Scrutiny After Market Selloff What to watch next UP NEXT Video by Bloomberg On December 14, 2006, Lehman Brothers and Bear Stearns reported huge earnings , helping push major US indexes toward record numbers. Fewer than two years later, both investment banks collapsed and their stocks became virtually worthless. JPMorgan bought Bear Stearns for $2 a share in March 2008 and that September, Lehman made the largest bankruptcy filing in history. The meltdowns precipitated the Great Recession. Wall Street promised to do better. Regulators implemented a broad range of guardrails, such as the Dodd-Frank Act , to ensure something similar wouldn’t happen again. But ultra-risky behaviors and products are still on the market — and being advertised to everyday investors who might not understand them. In the
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