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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (64159)7/7/1999 10:03:00 PM
From: Mike M2  Read Replies (2) of 132070
 
Mike, a day a da beach with da Grim HO HO HO Is this sand taken? I was considering the possibility if the banks did lose big time on derivatives the Fed would arrange for them to default ( stiff the winning counter party somehow) I wasn't following the markets in 87 but I think I recall a story that the CBOE didn't open until after the markets recovery had been arranged. Mike
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