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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (32760)9/24/1998 2:31:00 PM
From: GuyNixon  Read Replies (1) of 132070
 
MB:

1. Still remember your response to my post that you believed the US margin system is good to enough to pay us put holders back. Please forgive me for asking the same question twice. Just read this week's Barrons, an article stated that the biggest dealers have 30 billion in equity with 400 billion in potential derivative liability. With all those time bombs waiting to go off, do you still hold your view? What happen if some dealers suddenly go bust?

2. How about COF as a put target, it's one of the few domestic financials that are trading pretty close to its high. BTW, KRB is now around $30.

Guy
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