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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Ilaine who wrote (3695)5/17/2001 10:08:43 PM
From: westpacific  Read Replies (1) of 74559
 
Cobalt, read Derivatives, The Wild Beasts of Finance - by Alfred Steinherr.

You will like it a lot. Could be the dark horse in this whole game. It is a lot like all that money loaned overseas in 1929.

Very scary to read and shows how out of control the whole financial system is at present. So I do see some similar situations to 1929 due to this exposure by all the financial institutions.

West
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