What happens in the event of a default? I would have thought that your broker wo...

perl4ever on April 20, 2020 | parent | context | favorite | on: I tried to buy an actual barrel of crude oil (2015...

What happens in the event of a default? I would have thought that your broker would zero it out, but I remember hearing about someone buying a worthless bond from a friend for like $1 once as a favor.