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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Brian who wrote (65681)5/4/2000 9:44:00 AM
From: Think4Yourself  Read Replies (2) of 95453
 
Anyone listening to Greenspan now? He is warning derivatives traders that the LTC bailout was an anomaly, and that NO institution is immune to going belly up due to poor risk management. Also saying that even if the government does step in, to protect the economy, investors could well walk away with nothing.

It is rare that he speaks this bluntly.

edit: He is really sending out some CLEAR and negative signals this morning. He must be very nervous about the financial markets.

Risk, reduced returns, losses, bad loans,... Words like these keep cropping up (especially RISK).
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