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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (47318)12/13/2000 7:52:24 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
i'm eagerly expecting same. SOMEBODY has to be holding on to huge paper losses by now. and if you can believe that systemwide writeoffs on derivative positions amounted to a mere few 100K last quarter...well, there's clearly room for expansion there. i thought i didn't see right. a few 100k on $40 trillion in notional value, with this market volatility, and spreads going to da moon?
very suspicious....
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