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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (164556)3/14/2008 10:17:11 AM
From: robert b furman   of 209892
 
HI Henry,

The Fed is fulfilling its lender of last resort via JPM at the request of BSC.

Just proves you can never be too big to go broke and the fed will always help those willing to pick the bones.

There must be some huge hedge funds that have imploded - my bet is on a carry trade that went decades wrong when the buck dipped below the yen.HMO

Bob
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