The affiliate, Carlyle Capital, said it had received margin calls totaling more than $37 million from seven financing parties on Wednesday and was unable to meet the demands for extra collateral to cover its market positions for four of them.
I probably did not spend enough time, get as precise... " In response to questions about whether she received margin calls when her account was short of money, Hillary responded, "I think Mr. Melamed" — the former chairman of the Chicago Mercantile Exchange — "said, based on his review of the records, there were a couple of occasions when I was under margin.
And, according to a recent New Republic article by James K. Glassman, she apparently did not receive margin calls, most notably in July , 1979 when, by Glassman's calculations, she should have come up with $117,500 to maintain her positions; she did not, but the market turned, and she emerged a winner.
Some hedge funds have begun, reportedly, to receive margin calls.
The company has received margin calls totaling $400 million on its portfolio of U.S government agency residential mortgage-backed bonds, as risk aversion has spread well beyond subprime assets.
If you are using a margin account, reserve some money in case you receive a margin call.
On Friday, Carlyle Capital said that it was "considering all available options" after it received further margin calls, prompting some analysts to warn that more funds could struggle to meet increasingly tighter margin requirements.
On Friday it said it had subsequently received additional margin calls and was told by lenders that further calls and "increased collateral requirements would be significant and well in excess of the margin calls it received".
But the company said Friday that it had subsequently received additional margin calls and was told by its lenders that further calls and "increased collateral requirements would be significant and well in excess of the margin calls it received".
Carlyle Capital said Friday that it was "considering all available options" after it received additional margin calls, prompting some analysts to warn that more funds could struggle to meet increasingly tighter financial requirements.
