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Strategies & Market Trends : Asia Forum

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To: Henry Volquardsen who wrote (6679)	9/25/1998 12:05:00 PM
From: MulhollandDrive	Read Replies (1) of 9980

>>You ask is it possible that the Fed is trying to punish these hedge funds. This is in fact something I've been wondering about. I don't believe this is what happened in the case of LTC but I think it is quite possible in the currency markets that the central banks are looking for aw way to put the speculative genie back in its bottle for awhile.<< Henry, Maybe I should pose this question to you instead of Mark. When AG tried to jawbone the market down (successfully) with his "irrational exuberance" speech, why didn't he put the brakes on the "speculators" by raising margin requirements? bp

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