Shorting the Big Banks (e.g. JPM, BT, CMB, CCI) Message Board

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Non-Tech : Shorting the Big Banks (e.g. JPM, BT, CMB, CCI)

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To: David C. Burns who wrote (62)	9/7/1998 6:51:00 AM
From: David C. Burns	of 268

Here's a little black humor from Joe Battipaglia: NEW YORK, Sept 4 (Reuters) - U.S. stocks finished a nerve-racking week with modest losses on Friday, dragged down by more heavy selling in banking shares. Financial stocks were punished again on fears of more losses from exposure to emerging markets. "Brazil and Argentina are gyrating and falling and that is putting the pressure on here," said Joseph Battipaglia, chief investment officer at Gruntal & Co. "The good news is we have run out of places to worry about." Brazilian stocks plummeted more than six percent.

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