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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (15103)2/16/2002 9:42:39 PM
From: Raymond Duray  Read Replies (2) of 74559
 
AC,

Here's something I'd like to get you or others on the thread to consider and comment on:

Message 17068759

Derivatives have the potential to create astonishing havoc, IMVHO. And yet, they are the favorite candy of the profit-mad investment banker (oxymoron alert!) community.

The off shore SPEs and SPVs are especially troublesome. Speaking of which, here's an interesting example of going for results, and instead getting consequences:

webactive.com

Chose "A Game of Global Gotcha" for delicious irony.

-R.
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