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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (158514)4/4/2002 11:35:46 PM
From: LLCF  Read Replies (2) of 436258
 
Oh me, Oh my.... we are about to find out ALL about counterparty risk my friends!!!!! HO HO HO Let me tell you something my friends.... those banks stuffed that Turkey FULL derivatives and wonderful spreads that were essentially 'synthetic loans'!! HO HO... balance sheet trading... cheaper to borrow in the market! These boyz are toast!! NOW WE MELT!

DAK
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