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Strategies & Market Trends : Rande Is . . . HOME

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To: moufassa7 who wrote (44785)	1/5/2001 3:06:46 PM
From: Bucky Katt	Read Replies (4) of 57584

I am hearing rumors that some of the money center banks are facing some serious derivative based losses, ala LTCM. If this turns out to be true, another rate cut won't help them much. I have yet to hear about the Russian default on any wires. Someone is keeping a lid on that story. If you missed my post this am about it, here it is> Message 15128800

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