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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: patron_anejo_por_favor who wrote (9145)9/14/2001 3:20:08 PM
From: smolejv@gmx.net  Read Replies (1) of 74559
 
>>An unintended consequence of propping up the US markets could be to widen risk spreads and blow out some very major derivative players a la LTCM.<<

In climbing this cascade of events is called a zipper: you fly like a bird and the pitons go ping-ping-ping out of the wall. Dont worry, I'm still alive;)

dj
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