Word: wagers
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Dates: during 2000-2009
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Mostly, burgeoning consumer debt is about living well: funding a car or vacation. But in some cases--a fast-growing share, I'd wager--it's about people leveraging bets in the stock market in pursuit of their million. No one knows how much has been borrowed to play the market, but this has been a hot issue since margin debt at brokerage firms soared in recent months to $244 billion, equal to a record 1.4% of the market value of U.S. public companies. Most firms will lend investors as much as 50% of the value of their securities...
...appreciate the advice and the company. But soon I've messed everything up. The dealer is showing a 6 up, my new grandmother has got 11 and I've got 14. This is textbook. She doubles down, doubling her wager and taking only one more card from Tony. Other players at the table have split and/or doubled down repeatedly. By the time the dealer gets to me, there's a shitload of money on the table. Everyone knows what I'm supposed to do. Stay. Odds are the dealer has a 10 or face card underneath his six. This will...
...into her own goal. She responded with a vicious throat-slashing gesture directed at her teammates. She later spit at me, apparently mistaking me for an autograph-seeking fan. And that night at a local restaurant, she confessed to intentionally throwing the game, having placed a rather substantial wager on the opposing team...