"All you ever wanted to know about leveraged ETFs from the people who know everything about them: Barclays Global Investors." (FAS; FAZ)

Last week we had "When Leverage and Volatility Collide in ETFs (FAS, FAZ)" which linked to a MarketBeat post. This week we'll go with a ZeroHedge find (our headline was his opening sentence):
BGI Leveraged Etf

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From "The Truth About Dead Cats and Leveraged ETF Dogs"