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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Enigma who wrote (2097)9/21/1999 4:08:00 PM
From: Hawkmoon  Read Replies (1) of 3536
 
I don't believe I remember his portraying himself as a financial advisor.

As for conflicts of interest, I don't see where. He was soliciting business from Japanese clients who realized that his economic analysis of their financial systems is correct and were looking for more lucrative returns here.

Why do you think so many US financial services companies are moving into Japan in a big way?? They are looking to capture some of that capital flight that should begin next year when the Japanese are forced to print money to meet their bond redemptions.

Do you think there may be a conflict of interest on the part of the Japanese financial minister's comments about him?

He obviously has made himself a particularly attractive target and was not as proper in his book-keeping and trading practices as he should have been.

But whereas LTCM gets bailed out of their mess by the Fed, the US gov't actually comes in and arrests Armstrong.

Regards,

Ron

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