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Strategies & Market Trends : Waiting for the big Kahuna

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To: robnhood who wrote (16942)4/20/1998 6:54:00 PM
From: Mike M2  Read Replies (1) of 94695
 
rrman, yes counter party solvency can be an issue when mkts tank like SEA. JP Morgan (the winner)is in litigation with two different SKorean firms for approx. $ 500 million US$ and 180 for another.SKorean court said JP failed to adequately explain the risks-sounds familiar. I am shocked that we have not heard more. We shall see. I am using CNBS tactics repeat often-g- Mike
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