Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Henry Volquardsen who wrote (42)	9/8/1998 3:05:00 AM
From: Peter Singleton	Read Replies (1) of 2794

Henry, I don't have any experience in international finance, don't know a whole lot about it, in fact, but that said, why not take Miyazawa at his word re: LTCB and the risks to the financial system. Chernomyrdin is also talking about some pretty scary things, and quite openly. Despite both of these guys having a position they are advocating, suppose they're both telling the truth? This is a full-blown, real-thing crisis. Suppose the English had asked us for help in the middle of 1939, and told us the Germans were ready to declare war in Europe. Sure, their assertion about the German's intentions was absolutely made to support their request for assistance. But they would also have been telling the truth. Peter

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