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Strategies & Market Trends : The Stock Market Bubble

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To: Box-By-The-Riviera™ who wrote (1758)	9/24/1998 4:46:00 AM
From: Sword	Read Replies (4) of 3339

"The consortium of banks lending the money will now own 90 percent of the firm and appoint an oversight committee that will direct its overall strategy and make sure it reduces its exposure to markets." $1,000,000,000 portfolio. That's a trillion. That's $1000 billion. Plans to reduce its exposure. No wonder the Fed was afraid that liquidating would cause a worldwide market meltdown. We're gonna have some selling folks. And that's just one hedge fund. This is an incredible story. -Sword

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