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This special report from the Financial Markets Center (FMC) includes an extensive collection of articles that look at the phenomena of margin loans in the United States. As the stock market continues to rise, stockholders are using their stocks as collateral to borrow money in order to purchase more stock, causing margin debt. Along with a large section of staff member-authored explanatory briefs that caution against margin loans, this report also includes a detailed chronology of margin rules adjustment spanning from 1934 to 1999, and documents and articles from sources including the New York Stock Exchange, various government officials, and "A Marginal Chorus," a collection of blurbs from economists including John Kenneth Galbraith.
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Scout Publication
Date of Scout Publication 1999-09-23
Archived Scout Publication URL https://scout.wisc.edu/report/be/1999/0923

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